B. Riley raised the firm’s price target on Magnite (MGNI) to $28.50 from $18.50 and keeps a Buy rating on the shares. The firm expects the company to report solid Q2 results advertising spending remaining steady in Q2. While the ad tech industry faces some macro uncertainty in the second half of 2025, tariff-driven headwinds have eased since early Q2, the analyst tells investors in a research note.
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