DA Davidson raised the firm's price target on Viant to $16.50 from $16 and keeps a Buy rating on the shares. The company reported solid Q1 results with CexT slightly ahead of consensus estimates, the analyst tells investors in a research note. The firm further notes Viant's underlying growth drivers for this year remaining largely the same - strong underlying advertiser demand for CTV ads and expanding use of the company's competitively novel AI-powered product suite.
