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DoubleVerify price target lowered to $40 from $43 at JMP Securities

JMP Securities lowered the firm’s price target on DoubleVerify to $40 from $43 and keeps an Outperform rating on the shares. The firm came away from DoubleVerify’s Innovation Day believing that Scibids further differentiates DoubleVerify’s product offering while AI is making improvements across the business, the analyst tells investors in a research note.

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