Barclays raised the firm’s price target on Integral Ad Science (IAS) to $14 from $13 and keeps an Equal Weight rating on the shares. With software “back in favor again,” valuation levels have now caught up to historical averages, the analyst tells investors in a research note. However, the firm says there could be further upside as estimates have not moved higher yet and as base valuations shift out another year to 2026.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
