KeyBanc analyst Justin Patterson maintained a Hold rating on PubMatic (PUBM – Research Report) today. The company’s shares closed yesterday at $12.58.
According to TipRanks, Patterson is a 4-star analyst with an average return of 5.5% and a 48.22% success rate. Patterson covers the Technology sector, focusing on stocks such as Meta Platforms, Alphabet Class A, and Duolingo.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for PubMatic with a $17.80 average price target.
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PUBM market cap is currently $543.9M and has a P/E ratio of 204.55.
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PubMatic Inc is engaged in the digital advertising business. The company provides specialized cloud infrastructure platform that enables real-time programmatic advertising transactions. The platform helps independent?app developers and publishers to control and maximize their?digital?advertising businesses.
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