Susquehanna raised the firm’s price target on Magnite (MGNI) to $22 from $16 and keeps a Positive rating on the shares. The firm said they reported 4Q with CTV continuing to perform well, though some near-term headwinds in the DV+ business adversely impacted the quarter. That said, the outlook was solid, and CTV should continue to be a growth driver in 2025.
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