Scotiabank analyst Nat Schindler initiated coverage of Viant (DSP) with an Outperform rating and $27 price target as the firm initiated coverage of sic companies in the advertising technology space. In AdTech, the firm believes Viant’s valuation reflects a “modest margin of safety,” especially given its ongoing efforts to refine its platform and drive profitability, the analyst tells investors.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DSP:
- JMP Securities digital advertising analyst hold analyst/industry conference call
- Viant price target raised to $22 from $18 at Canaccord
- Viant announces expanded agreement with Disney Advertising
- Viant price target raised to $18 from $12 at Needham
- Viant price target raised to $18 from $14 at Craig-Hallum