BMO Capital Maintains Outperform Rating for DoubleVerify (DV) as AI Advertising Opportunities Emerge

Reported 2 days ago

BMO Capital has reiterated an Outperform rating for DoubleVerify Holdings Inc. (NYSE:DV) with a price target of $27, citing strong performance and growth potential driven by AI and increasing advertising opportunities. Analyst Brian Pitz noted a 16.5% revenue growth over the past year, supported by the profitable Media Authentication Platform. The firm expects social media and connected TV to enhance revenue further, while also indicating that some AI stocks may offer higher growth potential.

Source: YAHOO

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