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Fly News Breaks for September 7, 2018
FB, CRTO
Sep 7, 2018 | 12:38 EDT
KeyBanc analyst Andy Hargreaves says Criteo's (CRTO) removal from the Facebook (FB) Marketing Program has no impact on his revenue or earnings estimates. The analyst reiterates an Overweight rating on the stock with a $42 price target. The removal does not change the outlook of Criteo's product performance, Hargreaves tells investors in an intraday research note. The stock in midday trading is down 10%, or $2.47, to $23.00.
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