Integral Ad Science price target lowered to $11 from $13 at Raymond James

Raymond James lowered the firm’s price target on Integral Ad Science (IAS) to $11 from $13 and keeps an Outperform rating on the shares. The company beat expectations for Q2 and posted “solid” Q3 guidance that points to continued momentum, the analyst tells investors in a research note. If the company can continue these trends and avoid the one-off issues that have popped up periodically over the last few quarters, it would go a long way toward restoring confidence in the “stability” narrative, the firm argues.