PubMatic: Temporary Weakness Presents A Buying Opportunity (Rating Upgrade)

PubMatic's (NASDAQ: PUBM ) stock has struggled over the past year, which is the result of a high starting valuation and weakness caused by a change in bidding logic by a DSP. Outside of this headwind, PubMatic continues to have success in areas likeRichard Durant is the leader of Narweena, an asset manager focused on finding market dislocations that are the result of a poor understanding of a businesses long-term prospects. Narweena believes that excess risk adjusted returns can be achieved by identifying b ...