Is DoubleVerify's 39% Haircut a Buying Opportunity?
DVDoubleVerify(DV) MarketBeat·2024-05-15 19:16

Key Points DoubleVerify measures the effectiveness of digital ads and performs analytics to detect fraud and provide actionable insights on digital marketing campaigns. The rebound in digital ad spend should be a boon to DoubleVerify, but the uneven spending among larger advertisers caused them to lower forecasts. DoubleVerify stock plummeted 39% on its Q1 2024 earnings report, triggering a double downgrade from Bank of America, slashing its price target to 18from18 from 45. 5 stocks we like better than DoubleV ...