Magnite (MGNI) Tops Q1 EPS by 3c, Revenues Beat

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Magnite (MGNI) PT Lowered to $46 at Susquehanna

May 11, 2021 6:27 AM EDT

Susquehanna analyst Shyam Patil lowered the price target on Magnite (NASDAQ: MGNI) to $46.00 (from $80.00) while maintaining a Positive rating.

The analyst commented, "We continue to like MGNI as a play on CTV and believe the SpotX deal bolsters the business and... More