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Magnite price target lowered to $22 from $28 at Susquehanna

Susquehanna analyst Shyam Patil lowered the firm’s price target on Magnite (MGNI) to $22 from $28 and keeps a Positive rating on the shares. The firm said CTV accelerated again, and the outlook suggests continued strong growth for 2026. Susquehanna believes he company is well positioned to participate in this large opportunity.

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