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Fly News Breaks for July 6, 2015
RUBI
Jul 6, 2015 | 07:34 EDT
Stephens attributes the recent weakness in Rubicon Project (RUBI) to several near-term issues, or non-issues, that have been misunderstood, such as insider selling, ad blocking and the threat of competition from Google (GOOG). The firm views this as a very good time to buy shares, as they expect that its Q2 results will top expectations on the top and bottom lines. Stephens reiterates its Overweight rating and $27 price target on Rubicon Project shares.
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