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Magnite: Impact From The Disney Deal Is Not As Bad As It Sounds
DisneyDisney(US:DIS) Seeking Alphaยท2024-04-04 03:42

Shutthiphong Chandaeng Overview My recommendation for Magnite (NASDAQ:MGNI) is a buy rating, as I believe MGNI can at least grow in line with the industry's growth rate and that the Disney deal impact is not going to be as bad as the market thinks. As MGNI shows the market that growth is not impacted through this deal and that valuation should improve back to where it was trading, and in line with peers, at 3x forward revenue. Business MGNI is an online advertising solution provider that helps businesses au ...