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DoubleVerify price target lowered to $24 from $28 at BMO Capital

DoubleVerify price target lowered to $24 from $28 at BMO Capital

BMO Capital lowered the firm’s price target on DoubleVerify (DV) to $24 from $28 but keeps an Outperform rating on the shares. The company’s Q4 revenue and EBITDA were below expectations, driven by reduced significant client spending and political headwinds, the analyst tells investors in a research note. BMO adds however that it anticipates accelerating growth momentum into FY26 on easier comps as DoubleVerify ramps social products, up-sells Moat customers, and integrates Rockerbox, the firm adds.

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