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Stifel Nicolaus Sticks to Its Buy Rating for DoubleVerify Holdings (DV)

Tipranks - Tipranks - Sat Feb 28, 11:16AM CST

Stifel Nicolaus analyst Mark Kelley maintained a Buy rating on DoubleVerify Holdings today and set a price target of $15.00.

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Kelley covers the Communication Services sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Trade Desk. According to TipRanks, Kelley has an average return of 19.8% and a 56.04% success rate on recommended stocks.

In addition to Stifel Nicolaus, DoubleVerify Holdings also received a Buy from BMO Capital’s Brian Pitz in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on DoubleVerify Holdings (NYSE: DV).

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Based on DoubleVerify Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $205.59 million and a net profit of $29.33 million. In comparison, last year the company earned a revenue of $190.62 million and had a net profit of $23.4 million

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