Innovid (CTV) Reports Prelim Q4 Results, Provide 2021 Financial Results Update

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Innovid (CTV) PT Lowered to $8 at BMO Capital

February 8, 2022 6:41 AM EST

BMO Capital analyst Daniel Salmon lowered the price target on Innovid (NYSE: CTV) to $8.00 (from $13.00) while maintaining an Outperform rating.

The analyst commented, "Supply chain and labor shortages drove the shortfall versus management's prior outlook, and we believe 2022 revenue guidance could prove... More