Needham Releases a Buy Rating on Viant Technology (DSP)
Needham analyst Laura Martin assigned a Buy rating to Viant Technology (DSP) today and set a price target of $62.00. The company’s shares closed last Wednesday at $29.06.
According to TipRanks.com, Martin is a 5-star analyst with an average return of 27.6% and a 64.7% success rate. Martin covers the Services sector, focusing on stocks such as CuriosityStream, World Wrestling, and Discovery Inc.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Viant Technology with a $55.00 average price target, representing a 57.5% upside. In a report issued on May 27, Canaccord Genuity also maintained a Buy rating on the stock with a $48.00 price target.
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The company has a one-year high of $69.16 and a one-year low of $20.59. Currently, Viant Technology has an average volume of 388.4K.
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Viant Technology Inc is an advertising software company. The software enables the programmatic purchase of advertising, which is the electronification of the advertising buying process. Through the technology, a marketer can easily buy ads on desktop, mobile, connected TV, linear TV, streaming audio and digital billboards.