Integral Ad Science price target raised to $13.50 from $13 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Integral Ad Science (IAS) to $13.50 from $13 and keeps an Equal Weight rating on the shares. Strong execution across all business lines led to “a solid 4Q despite a mixed backdrop,” the analyst tells investors. The firm looks for consistent execution and has “cautious optimism” given the company’s opportunity in the mid-market, pre-bid social, and international, the analyst added.