B. Riley raised the firm’s price target on Viant (DSP) to $17 from $16.50 and keeps a Buy rating on the shares. Viant reported strong Q4 results, with ex-TAC revenue and adjusted EBITDA exceeding consensus, driven by record CTV ad spend, growing adoption of addressability solutions, and expanded use of ViantAI, the analyst tells investors in a research note.
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Read More on DSP:
- Viant Technology: Strong Q4 Beat, Accelerating AI-Driven Growth, and Margin Expansion Support Buy Rating and $22 Price Target
- Viant Technology: Strong Operating Momentum, Expanding Margins, and AI-Driven Growth Support Buy Rating
- Closing Bell Movers: Netscope down 17%, UiPath down 5% on earnings
- Viant reports Q4 adjusted EPS 22c, consensus 23c
- Viant sees Q1 revenue $83M-$86M, consensus $81.82M