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Fly News Breaks for June 11, 2015
AAPL, CRTO
Jun 11, 2015 | 14:29 EDT
Jefferies attributes the pullback in shares of Criteo (CRTO) to reports suggesting Apple (AAPL) will introduce ad-blocking features for its mobile Safari browser, but the firm said this will not result in all-out ad blocking on Apple devices, just blocking for opted-in users on Safari, even in a worst case scenario. The firm, which notes that ad blocking features have already been widely available on desktop browsers, said the reaction in Criteo shares seems overblown and keeps its Buy rating and $66 price target on the stock.
News For CRTO;AAPL From the Last 2 Days
AAPL
Apr 24, 2024 | 06:15 EDT
Apple saw sales of its iPhones fall 19.1% in the first three months of the year, CNBC's Ryan Browne reports, citing data from Counterpoint Research. Meanwhile, Huawei saw a 69.7% surge in smartphone sales in the country during the same period, Counterpoint said. Reference Link