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Needham Remains a Buy on Viant Technology (DSP)

In a report released today, Laura Martin from Needham maintained a Buy rating on Viant Technology (DSPResearch Report), with a price target of $7.50. The company’s shares closed last Friday at $4.45.

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.

Currently, the analyst consensus on Viant Technology is a Moderate Buy with an average price target of $6.42.

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DSP market cap is currently $272.9M and has a P/E ratio of -7.71.

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Viant Technology Inc is an advertising software company. The software enables the programmatic purchase of advertising, which is the electronification of the advertising buying process. Through the technology, a marketer can easily buy ads on desktop, mobile, connected TV, linear TV, streaming audio and digital billboards.

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