Canaccord analyst Matthew Weber initiated coverage of MNTN (MNTN) with a Buy rating and $20 price target The company is benefiting from the secular tailwinds in connected TV and is taking share by “solving a critical market need,” the analyst tells investors in a research note. The firm thinks this will support continued strong operating performance moving forward for MNTN.
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Read More on MNTN:
- MNTN, Inc Class A: Promising Growth Driven by AI Innovation and Expanding Market Opportunities
- MNTN, Inc Class A Reports Strong Q3 Growth
- MNTN price target lowered to $22.50 from $25 at Morgan Stanley
- MNTN price target lowered to $33 from $39 at Evercore ISI
- Balanced Outlook on MNTN, Inc.: Strong Q3 Results Amid Customer Growth Concerns
