B. Riley analyst Zach Cummins raised the firm’s price target on PubMatic (PUBM) to $12 from $10.50 and keeps a Buy rating on the shares. The firm cites the Q1 beat for the target beat.
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Read More on PUBM:
- PubMatic reports Q1 adjusted EPS (11c), consensus (16c)
- PubMatic sees Q2 revenue $68M-$70M, consensus $66.67M
- PayPal (PYPL) Launches Ads ID Days Before New CEO First Earnings Test
- PubMatic reports ‘accelerating global adoption’ of AgenticOS platform
- PubMatic reports preliminary Q1 revenue about $62.4M, consensus $58.95M
