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RBC Capital Sticks to Their Buy Rating for DoubleVerify Holdings (DV)

Tipranks - Tipranks - Wed Feb 11, 7:46PM CST

RBC Capital analyst Matthew Swanson maintained a Buy rating on DoubleVerify Holdings on February 9 and set a price target of $17.00. The company’s shares closed yesterday at $9.36.

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According to TipRanks, Swanson is an analyst with an average return of -8.9% and a 35.64% success rate. Swanson covers the Technology sector, focusing on stocks such as Zeta Global Holdings Corp, Adobe, and International Business Machines.

Currently, the analyst consensus on DoubleVerify Holdings is a Moderate Buy with an average price target of $14.90.

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Based on DoubleVerify Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $188.62 million and a net profit of $10.2 million. In comparison, last year the company earned a revenue of $169.56 million and had a net profit of $18.2 million

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