PubMatic Inc. (PUBM) Tops Q1 EPS by 9c

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PubMatic Inc (PUBM) PT Lowered to $28 at Jefferies

May 10, 2022 8:32 AM EDT

Jefferies analyst Brent Thill lowered the price target on PubMatic Inc (NASDAQ: PUBM) to $28.00 (from $48.00) while maintaining a Buy rating following earnings.

The analyst commented, "Despite a challenging macro backdrop PUBM delivered in-line Q1 rev and Q2 guidance with an impressive... More