Viant price target raised to $18 from $14 at Craig-Hallum

Craig-Hallum analyst Jason Kreyer raised the firm’s price target on Viant (DSP) to $18 from $14 and keeps a Buy rating on the shares. Whether it’s ViantAI, the continued uptick in CTV, the increased adoption of HHID, or the recently announced acquisition of IRIS.TV, the company has a lot of things going in its direction, the firm says. The fundamentals in the quarter already reflect strong momentum, and Craig-Hallum notes there’s virtually no contribution from AI or IRIS in the current results.