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Needham Sticks to Their Buy Rating for AdTheorent Holding (ADTH)

Needham analyst Laura Martin maintained a Buy rating on AdTheorent Holding (ADTHResearch Report) today and set a price target of $3.00. The company’s shares closed last Friday at $1.82.

Martin covers the Technology sector, focusing on stocks such as Netflix, Taboola.com, and Magnite. According to TipRanks, Martin has an average return of 1.0% and a 41.37% success rate on recommended stocks.

AdTheorent Holding has an analyst consensus of Moderate Buy, with a price target consensus of $3.30.

See today’s best-performing stocks on TipRanks >>

Based on AdTheorent Holding’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $37.58 million and a net profit of $5.73 million. In comparison, last year the company earned a revenue of $39.53 million and had a net profit of $3.15 million

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