Truist Securities cuts Magnite [MGNI]’s rating to Hold; PT at $37

Truist Securities took its Magnite [MGNI] rating to the equivalent of Hold from Buy, and the price target to $37.0 from $12, in a research note dated 2021-01-25. That figure represents around a -7.68% discount from where the company’s shares closed on Friday. Other analysts also revised their coverage, with Needham’s analysts reiterating the shares […]