Wells Fargo Maintains Equal-Weight on Magnite, Raises Price Target to $22
Wells Fargo analyst Alec Brondolo maintains Magnite (NASDAQ:MGNI) with a Equal-Weight and raises the price target from $21 to $22.
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Rosenblatt analyst Barton Crockett maintains Magnite (NASDAQ:MGNI) with a Buy and raises the price target from $39 to $40.
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Wells Fargo analyst Alec Brondolo maintains Magnite (NASDAQ:MGNI) with a Equal-Weight and raises the price target from $21 to $22.
Read original at benzingaThe Trade Desk (TTD) stock plummeted 22% after hours following disappointing Q2 earnings and weak forward guidance. The company reported results well below analyst consensus and guided for $650 million in sales, far short of Wall Street's $805 million expectation, representing a 12% year-over-year revenue decline. Meanwhile, competitor Magnite surged 17.66%, highlighting a divergence in the ad tech sector.
Read original at the-motley-foolPixalate released its Q2 2026 Connected TV Seller Trust Index 2.0, ranking 125+ programmatic CTV ad sellers across major platforms. The index found that less than 1% of CTV inventory in the US is resold through arbitrage—the lowest of any channel—with Google AdExchange, Magnite, and OpenX among the top-ranked direct sellers. The report measures sellers by arbitrage risk, invalid traffic, and direct publisher penetration.
Read original at globenewswire-incRBC Capital analyst Matthew Swanson maintains Magnite (NASDAQ:MGNI) with a Outperform and raises the price target from $20 to $27.
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