In a report released today, Michael Kupinski from Noble Financial maintained a Hold rating on Direct Digital Holdings (DRCT – Research Report). The company’s shares closed yesterday at $6.93.
According to TipRanks, Kupinski is a 5-star analyst with an average return of 10.8% and a 39.68% success rate. Kupinski covers the Communication Services sector, focusing on stocks such as E. W. Scripps Company Class A, Townsquare Media, and AdTheorent Holding.
Currently, the analyst consensus on Direct Digital Holdings is a Moderate Buy with an average price target of $21.00.
DRCT market cap is currently $96.05M and has a P/E ratio of 49.68.
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Direct Digital Holdings (DRCT) Company Description:
Direct Digital Holdings Inc is an end-to-end, full-service programmatic advertising platform primarily focused on providing advertising technology, data-driven campaign optimization and other solutions to underserved and less efficient markets on both the buy- and sell-side of the digital advertising ecosystem.
Read More on DRCT:
- Direct Digital Holdings Works to Resolve Nasdaq Compliance
- Direct Digital price target lowered to $23 from $30 at Benchmark
- DRCT Earnings: Direct Digital Holdings Tanks After Loss in Q4
- Direct Digital price target lowered to $19 from $27.50 at Roth MKM
- Direct Digital downgraded to Market Perform from Outperform at Noble Capital
