RBC Capital Maintains 'Outperform' Rating on Magnite, Inc.

On May 7, 2026, RBC Capital lowered its price target for Magnite (NASDAQ:MGNI) to $20 from $23 but maintained an 'Outperform' rating. The firm cited strong Q1 performance with revenue and adjusted EBITDA exceeding forecasts.

By Fatima Gulzar Mon, June 1, 2026 at 11:03 AM GMT+3 1 min read · Yahoo Finance · June 1, 2026, 08:03 UTC

RBC Capital Maintains 'Outperform' Rating on Magnite, Inc.

Tickers: $MGNI

Topics: Magnite Outperform Rating Price Target Cut Q1 Earnings RBC Capital

Read the full article at Yahoo Finance

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