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MGNI - Magnite: Impact From The Disney Deal Is Not As Bad As It Sounds
April, 03 2024 11:42 PM
Magnite Inc.
2024-04-03 23:42:58 ET
Summary Magnite is recommended as a buy, with potential for growth in line with the industry and a positive impact from the Disney deal. Concerns about the Disney deal are overblown, as MGNI will still play a crucial role in powering the technology and receiving recurring fees. The Company has multiple growth drivers, including live-streamed sports and Amazon's ad tier expansion, which should fuel future growth.
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Magnite: Impact From The Disney Deal Is Not As Bad As It Sounds
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