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Wells Fargo Sticks to Their Sell Rating for DoubleVerify Holdings (DV)

Tipranks - Tipranks - Thu Feb 12, 2:26AM CST

In a report released yesterday, Alec Brondolo from Wells Fargo maintained a Sell rating on DoubleVerify Holdings, with a price target of $8.00.

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According to TipRanks, Brondolo is a 3-star analyst with an average return of 6.3% and a 47.62% success rate. Brondolo covers the Communication Services sector, focusing on stocks such as Zillow Group Class A, Trade Desk, and Take-Two.

Currently, the analyst consensus on DoubleVerify Holdings is a Moderate Buy with an average price target of $13.75.

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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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