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Loop Capital Starts DoubleVerify Inc (DV) at Buy

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Street's DoubleVerify (DV) Coverage Mostly Positive Amid a 'Large and Growing Market Opportunity'

May 17, 2021 9:08 AM EDT

Wall Street initiated research coverage of DoubleVerify (NYSE: DV) with mostly positive ratings as firms are bullish on the companys prospects in the large and growing digital media market.

At least 8 analysts have a Buy or equivalent rating on the stock, with Goldman Sachs analyst Christopher Merwin placing a Street-high price target of $47.00 per share. Only two have Neutral or equivalent ratings.

The analyst sees a company as a leading provider of advertising solutions to businesses, helping with ad verification, fraud prevention, and brand safety.

We estimate the TAM for... More