Viant price target raised to $21 from $18 at Needham

Needham raised the firm’s price target on Viant (DSP) to $21 from $18 and keeps a Buy rating on the shares. After the firm’s interview with the company’s management team, it is more optimistic about Viant’s strategic position and competitive moats, the analyst tells investors in a research note. Needham adds that the company’s new Iris TV acquisition will accelerate its connected TV revenue growth in 2025.

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