Form 10-Q PubMatic, Inc. For: Sep 30

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PubMatic Inc (PUBM) PT Raised to $50 at Raymond James

November 10, 2021 6:51 AM EST

Raymond James analyst Andrew Marok raised the price target on PubMatic Inc (NASDAQ: PUBM) to $50.00 (from $43.00) while maintaining a Outperform rating.

The analyst commented, "PubMatic reported very strong 3Q21 results, with revenue and EBITDA well above expectations, driven by outperformance across formats... More