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PubMatic price target raised to $28 from $27 at Lake Street

PubMatic price target raised to $28 from $27 at Lake Street

Lake Street raised the firm’s price target on PubMatic to $28 from $27 and keeps a Buy rating on the shares. The company has “done the heavy lifting” and the firm believes PubMatic’s investments of 2023 are providing a return in 2024, noting that PubMatic continues to make share gains versus competitors.

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