Pivotal Point Tracking PubMatic (PUBM): Buy Recommendation - Digital Advertising Specialist Benefits from AI Transformation in Programmatic Advertising

  PubMatic is a leading ad-tech provider whose platform automates the marketing of digital advertising spaces between publishers and advertisers. On September 17, the stock reached a new 52-week high of $19.19. B. Riley adjusted its price target with a buy recommendation from $17 to $21. The company returned to double-digit revenue growth earlier than planned, thanks to strong demand for Connected TV (CTV) and mobile apps. In the second quarter, revenue increased by 11% to $78.59 million, while adjusted EBITDA rose by 38% to $19.6 million. PubMatic...