tiprankstipranks

Viant price target lowered to $18 from $27 at Raymond James

Raymond James analyst Andrew Marok lowered the firm’s price target on Viant (DSP) to $18 from $27 and keeps an Outperform rating on the shares after hosting meetings with Viant’s management earlier this week. The tenor of the discussions was upbeat, and highlighted reasons to believe that Viant can maintain its strong recent execution, despite the recent pessimism seeping into the advertising sector from macro-related uncertainty, the analyst tells investors in a research note. The firm notes that Viant says it is currently not seeing broad impact from macro issues.

Confident Investing Starts Here:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue