Magnite (MGNI) Reports Acquisition of SpotX from RTL Group for $1.17B in Cash and Shares

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Magnite (MGNI) PT Raised to $70 at Needham & Company, Remains Top 2021 Stock Pick

February 9, 2021 6:18 AM EST

Needham & Company analyst Laura Martin raised the price target on Magnite (NASDAQ: MGNI) to $70.00 (from $30.00) while maintaining a Buy rating.

The analyst comments "Magnite (MGNI) is our top stock pick for 2021, and we raise our PT based on the SpotX... More

Magnite (MGNI) PT Raised to $63 at Craig-Hallum Following 'Game Changing' SpotX Deal

February 5, 2021 9:01 AM EST

Craig-Hallum analyst Jason Kreyer raised the price target on Magnite (NASDAQ: MGNI) to $63.00 (from $45.00) while maintaining a Buy rating.

The analyst commented, "Magnite announced the acquisition of SpotX in a cash and stock deal for $1.2B. In our view, this elevates MGNIfrom the... More