PARA - Magnite Shows Strength With Netflix Partnership Analyst Expects $30M In Revenue By 2025 | Benzinga
BofA Securities analyst Omar Dessouky upgraded Magnite, Inc. (NASDAQ:MGNI) to Buy from Neutral, raising the price forecast to $15 from $13.
Per Dessouky, Magnite will become the leading supply-side tech solution in CTV advertising as the industry transitions to more automated ad execution, a technology the company specializes in.
The analyst highlights the company’s flexibility for both buy-side and sell-side stakeholders because of its technology, as ...