DoubleVerify price target lowered to $24 from $25 at Barclays

Barclays analyst Raimo Lenschow lowered the firm’s price target on DoubleVerify (DV) to $24 from $25 and keeps an Overweight rating on the shares. The company reported a weaker than expected Q4 and provided disappointing fiscal 2025 guidance “to compound this,” the analyst tells investors in a research note. The firm says that while part of the guidance issue came from the loss of an over $20M customer, this sets up a “wait-and-see” story.