Breaking News

Over a week ago
Show Full Stories

X

To view all stories in expanded form, please subscribe.
Send Info
Recommendations
Cardlytics price target raised to $75 from $55 at SunTrust » 08:32
07/09/20
07/09
08:32
07/09/20
08:32
CDLX

Cardlytics

$70.34 /

+1.5 (+2.18%)

SunTrust analyst Youssef…

SunTrust analyst Youssef Squali raised the firm's price target on Cardlytics to $75 from $55 and keeps a Buy rating on the shares. The analyst cites his recent positive conversations with the company CEO indicating gradual recovery in consumer spending and the return of advertisers to the platform. Squali adds that Cardlytics platform has surpassed the 150M MAU mark and represents "one of only a handful" of scaled digital platforms, offering marketers an effective performance channel that can "accurately" measure Return on Ad Spend.

ShowHide Related Items >><<
CDLX Cardlytics
$70.34 /

+1.5 (+2.18%)

CDLX Cardlytics
$70.34 /

+1.5 (+2.18%)

05/12/20 Craig-Hallum
Cardlytics price target lowered to $50 from $70 at Craig-Hallum
05/12/20 SunTrust
Cardlytics price target raised to $55 from $50 at SunTrust
05/12/20 Wells Fargo
Cardlytics price target raised to $55 from $45 at Wells Fargo
04/21/20 BofA
Cardlytics downgraded to Underperform from Neutral at BofA
CDLX Cardlytics
$70.34 /

+1.5 (+2.18%)

  • 11
    Sep
CDLX Cardlytics
$70.34 /

+1.5 (+2.18%)

CDLX Cardlytics
$70.34 /

+1.5 (+2.18%)

Hot Stocks
Criteo, advertising tech peers fall amid Apple changes to access ID » 17:53
06/24/20
06/24
17:53
06/24/20
17:53
CRTO

Criteo

$11.02 /

-2.035 (-15.59%)

, AAPL

Apple

$360.06 /

-6.17 (-1.68%)

, RUBI

Rubicon Project

$6.59 /

-0.6 (-8.34%)

, CDLX

Cardlytics

$71.97 /

-4.18 (-5.49%)

, QNST

QuinStreet

$10.24 /

-0.55 (-5.10%)

, TTD

Trade Desk

$396.35 /

-13.52 (-3.30%)

, TTGT

TechTarget

$29.35 /

-0.48 (-1.61%)

Shares of advertising…

Shares of advertising technology companies fell after BMO Capital said Apple's (AAPL) changes to access ID for advertising presents a headwind from them. HEADWINDS FOR AD TECH: BMO Capital analyst Daniel Salmon downgraded Criteo (CRTO) to Market Perform from Outperform with a price target of $13, down from $16. Apple is making changes to access ID for advertising that present a headwind for advertising technology companies, Salmon told investors in a research note. While not the worst case scenario of immediate and complete elimination, Apple's moves present risk to Criteo's iOS app business in the near term as IDFA was a key signal used for targeting, attribution and other uses, noted the analyst. As a result, Salmon said he cannot recommend Criteo for new investment dollars "until we get greater clarity on the issue." PRICE ACTION: Shares of Criteo fell 16% to $11.00 per share on Wednesday. PEERS TRADE LOWER: Criteo's advertising technology peers also closed significantly lower, including Rubicon Project (RUBI), Cardlytics (CDLX), QuinStreet (QNST), Trade Desk (TTD), and TechTarget (TTGT).

ShowHide Related Items >><<
TTGT TechTarget
$29.35 /

-0.48 (-1.61%)

TTD Trade Desk
$396.35 /

-13.52 (-3.30%)

RUBI Rubicon Project
$6.59 /

-0.6 (-8.34%)

QNST QuinStreet
$10.24 /

-0.55 (-5.10%)

CRTO Criteo
$11.02 /

-2.035 (-15.59%)

CDLX Cardlytics
$71.97 /

-4.18 (-5.49%)

AAPL Apple
$360.06 /

-6.17 (-1.68%)

CRTO Criteo
$11.02 /

-2.035 (-15.59%)

06/24/20 BMO Capital
Criteo downgraded to Market Perform from Outperform at BMO Capital
05/08/20 Deutsche Bank
Criteo price target lowered to $16 from $22 at Deutsche Bank
05/05/20 SunTrust
Criteo price target lowered to $13 from $25 at SunTrust
04/20/20 Nomura Instinet
Criteo price target lowered to $10 from $14 at Nomura Instinet
AAPL Apple
$360.06 /

-6.17 (-1.68%)

06/23/20 Baird
Apple price target raised to $390 from $320 at Baird
06/23/20 Credit Suisse
Apple launches at WWDC more incremental than thesis-changing, says Credit Suisse
06/23/20 Oppenheimer
Apple creating 'wide moat' for own ecosystem, says Oppenheimer
RUBI Rubicon Project
$6.59 /

-0.6 (-8.34%)

04/02/20 Craig-Hallum
Rubicon Project price target lowered to $9 from $14 at Craig-Hallum
01/15/20 Stephens
Google cookie announcement widely anticipated, concerns overblown, says Stephens
01/14/20 SunTrust
SunTrust sees little disruption to Rubicon following Google cookie news
01/09/20 Craig-Hallum
Rubicon Project, Telaria shares can continue to move higher, says Craig-Hallum
CDLX Cardlytics
$71.97 /

-4.18 (-5.49%)

05/12/20 Craig-Hallum
Cardlytics price target lowered to $50 from $70 at Craig-Hallum
05/12/20 SunTrust
Cardlytics price target raised to $55 from $50 at SunTrust
05/12/20 Wells Fargo
Cardlytics price target raised to $55 from $45 at Wells Fargo
04/21/20 BofA
Cardlytics downgraded to Underperform from Neutral at BofA
QNST QuinStreet
$10.24 /

-0.55 (-5.10%)

05/07/20 Lake Street
QuinStreet price target lowered to $11 from $19 at Lake Street
04/16/20 Barrington
QuinStreet downgraded to Market Perform from Outperform at Barrington
08/15/19 Barrington
QuinStreet price target lowered to $16 from $20 at Barrington
08/09/19 Stephens
Stephens recommends buying QuinStreet on weakness
TTD Trade Desk
$396.35 /

-13.52 (-3.30%)

06/22/20 Needham
Trade Desk price target raised to $475 from $370 at Needham
05/14/20 Rosenblatt
Trade Desk price target raised to $215 from $171 at Rosenblatt
05/11/20 DA Davidson
Trade Desk downgraded to Neutral from Buy at DA Davidson
05/11/20 DA Davidson
Trade Desk downgraded to Neutral from Buy at DA Davidson
TTGT TechTarget
$29.35 /

-0.48 (-1.61%)

06/09/20 Craig-Hallum
TechTarget price target raised to $35 from $30 at Craig-Hallum
04/13/20
Fly Intel: Top five analyst initiations
04/13/20 National Securities
TechTarget initiated with a Buy at National Securities
11/07/19 Lake Street
TechTarget price target raised to $29 from $24 at Lake Street
TTGT TechTarget
$29.35 /

-0.48 (-1.61%)

TTD Trade Desk
$396.35 /

-13.52 (-3.30%)

RUBI Rubicon Project
$6.59 /

-0.6 (-8.34%)

QNST QuinStreet
$10.24 /

-0.55 (-5.10%)

CRTO Criteo
$11.02 /

-2.035 (-15.59%)

CDLX Cardlytics
$71.97 /

-4.18 (-5.49%)

AAPL Apple
$360.06 /

-6.17 (-1.68%)

AAPL Apple
$360.06 /

-6.17 (-1.68%)

TTD Trade Desk
$396.35 /

-13.52 (-3.30%)

RUBI Rubicon Project
$6.59 /

-0.6 (-8.34%)

CRTO Criteo
$11.02 /

-2.035 (-15.59%)

CDLX Cardlytics
$71.97 /

-4.18 (-5.49%)

AAPL Apple
$360.06 /

-6.17 (-1.68%)

TTD Trade Desk
$396.35 /

-13.52 (-3.30%)

CDLX Cardlytics
$71.97 /

-4.18 (-5.49%)

AAPL Apple
$360.06 /

-6.17 (-1.68%)

AAPL Apple
$360.06 /

-6.17 (-1.68%)

Over a month ago
Conference/Events
Cardlytics participates in a conference call with SunTrust » 10:25
06/05/20
06/05
10:25
06/05/20
10:25
CDLX

Cardlytics

$83.13 /

+5.08 (+6.51%)

Conference call with…

Conference call with management will be held on June 5 at 11 am hosted by SunTrust.

ShowHide Related Items >><<
CDLX Cardlytics
$83.13 /

+5.08 (+6.51%)

CDLX Cardlytics
$83.13 /

+5.08 (+6.51%)

05/12/20 Craig-Hallum
Cardlytics price target lowered to $50 from $70 at Craig-Hallum
05/12/20 SunTrust
Cardlytics price target raised to $55 from $50 at SunTrust
05/12/20 Wells Fargo
Cardlytics price target raised to $55 from $45 at Wells Fargo
04/21/20 BofA
Cardlytics downgraded to Underperform from Neutral at BofA
CDLX Cardlytics
$83.13 /

+5.08 (+6.51%)

CDLX Cardlytics
$83.13 /

+5.08 (+6.51%)

CDLX Cardlytics
$83.13 /

+5.08 (+6.51%)

Conference/Events
Cardlytics participates in a conference call with SunTrust » 04:55
06/05/20
06/05
04:55
06/05/20
04:55
CDLX

Cardlytics

$78.05 /

+0.54 (+0.70%)

Conference call with…

Conference call with management will be held on June 5 at 11 am hosted by SunTrust.

ShowHide Related Items >><<
CDLX Cardlytics
$78.05 /

+0.54 (+0.70%)

CDLX Cardlytics
$78.05 /

+0.54 (+0.70%)

05/12/20 Craig-Hallum
Cardlytics price target lowered to $50 from $70 at Craig-Hallum
05/12/20 SunTrust
Cardlytics price target raised to $55 from $50 at SunTrust
05/12/20 Wells Fargo
Cardlytics price target raised to $55 from $45 at Wells Fargo
04/21/20 BofA
Cardlytics downgraded to Underperform from Neutral at BofA
CDLX Cardlytics
$78.05 /

+0.54 (+0.70%)

CDLX Cardlytics
$78.05 /

+0.54 (+0.70%)

CDLX Cardlytics
$78.05 /

+0.54 (+0.70%)

Hot Stocks
Advertising tech stocks spike higher after Criteo says revenue trends better » 13:54
06/03/20
06/03
13:54
06/03/20
13:54
CRTO

Criteo

$13.00 /

+1.82 (+16.28%)

, RUBI

Rubicon Project

$7.66 /

+1.07 (+16.24%)

, CDLX

Cardlytics

$76.92 /

+2.8 (+3.78%)

, QNST

QuinStreet

$11.23 /

+0.38 (+3.50%)

, TTD

Trade Desk

$344.74 /

+26.71 (+8.40%)

, TTGT

TechTarget

$28.13 /

+0.78 (+2.85%)

Shares of companies who…

Shares of companies who have businesses relate to the advertising technology space are higher after one of their peers, Criteo (CRTO), made encouraging statements on Wednesday. CRITEO COMMENTARY: The advertising tech company on Wednesday provided an interim update on its second quarter financial performance, saying that "a continued decline of the company's revenues for the month of May compared to April had not materialized as anticipated." As of May 29, Criteo said overall revenue trends have been better than were expected at the time of the company's April 29 guidance for the second quarter of 2020. Additionally, the company believes it is on track to achieve its cost savings targets as anticipated in its April 29 guidance for the second quarter. ANALYST HAD LOWERED TARGETS: In early May, both Deutsche Bank and SunTrust lowered their price targets on Criteo. Deutsche Bank analyst Lloyd Walmsley lowered the firm's price target on Criteo to $16 from $22 on May 8 and kept a Buy rating on the shares. SunTrust analyst Matthew Thornton lowered the firm's price target on Criteo to $13 from $25 and also kept a Buy rating on the shares. Thornton said in a research note at the time that he sees Q1 results as "solid" given the COVID-19 outbreak and the FX headwinds, while adjusting his model to 10-times expected free cash flows and for enterprise value at 0.2-times expected gross sales. Thornton remained positive on Criteo's "very reasonable consensus and expected continued cash generation." PRICE ACTION: Shares of Criteo are up nearly 17% to $13.00 in afternoon trading. PEERS TRADE HIGHER: Advertising technology peers are higher, including Rubicon Project (RUBI), Cardlytics (CDLX), QuinStreet (QNST), Trade Desk (TTD) and TechTarget (TTGT).

ShowHide Related Items >><<
TTGT TechTarget
$28.13 /

+0.78 (+2.85%)

TTD Trade Desk
$344.74 /

+26.71 (+8.40%)

RUBI Rubicon Project
$7.66 /

+1.07 (+16.24%)

QNST QuinStreet
$11.23 /

+0.38 (+3.50%)

CRTO Criteo
$13.00 /

+1.82 (+16.28%)

CDLX Cardlytics
$76.92 /

+2.8 (+3.78%)

CRTO Criteo
$13.00 /

+1.82 (+16.28%)

05/08/20 Deutsche Bank
Criteo price target lowered to $16 from $22 at Deutsche Bank
05/05/20 SunTrust
Criteo price target lowered to $13 from $25 at SunTrust
04/20/20 Nomura Instinet
Criteo price target lowered to $10 from $14 at Nomura Instinet
04/08/20 Societe Generale
Criteo upgraded to Buy from Hold at Societe Generale
RUBI Rubicon Project
$7.66 /

+1.07 (+16.24%)

04/02/20 Craig-Hallum
Rubicon Project price target lowered to $9 from $14 at Craig-Hallum
01/15/20 Stephens
Google cookie announcement widely anticipated, concerns overblown, says Stephens
01/14/20 SunTrust
SunTrust sees little disruption to Rubicon following Google cookie news
01/09/20 Craig-Hallum
Rubicon Project, Telaria shares can continue to move higher, says Craig-Hallum
CDLX Cardlytics
$76.92 /

+2.8 (+3.78%)

05/12/20 Craig-Hallum
Cardlytics price target lowered to $50 from $70 at Craig-Hallum
05/12/20 SunTrust
Cardlytics price target raised to $55 from $50 at SunTrust
05/12/20 Wells Fargo
Cardlytics price target raised to $55 from $45 at Wells Fargo
04/21/20 BofA
Cardlytics downgraded to Underperform from Neutral at BofA
QNST QuinStreet
$11.23 /

+0.38 (+3.50%)

05/07/20 Lake Street
QuinStreet price target lowered to $11 from $19 at Lake Street
04/16/20 Barrington
QuinStreet downgraded to Market Perform from Outperform at Barrington
08/15/19 Barrington
QuinStreet price target lowered to $16 from $20 at Barrington
08/09/19 Stephens
Stephens recommends buying QuinStreet on weakness
TTD Trade Desk
$344.74 /

+26.71 (+8.40%)

05/14/20 Rosenblatt
Trade Desk price target raised to $215 from $171 at Rosenblatt
05/11/20 DA Davidson
Trade Desk downgraded to Neutral from Buy at DA Davidson
05/11/20 DA Davidson
Trade Desk downgraded to Neutral from Buy at DA Davidson
05/08/20 Needham
Trade Desk price target raised to $370 from $250 at Needham
TTGT TechTarget
$28.13 /

+0.78 (+2.85%)

04/13/20
Fly Intel: Top five analyst initiations
04/13/20 National Securities
TechTarget initiated with a Buy at National Securities
11/07/19 Lake Street
TechTarget price target raised to $29 from $24 at Lake Street
TTGT TechTarget
$28.13 /

+0.78 (+2.85%)

TTD Trade Desk
$344.74 /

+26.71 (+8.40%)

RUBI Rubicon Project
$7.66 /

+1.07 (+16.24%)

QNST QuinStreet
$11.23 /

+0.38 (+3.50%)

CRTO Criteo
$13.00 /

+1.82 (+16.28%)

CDLX Cardlytics
$76.92 /

+2.8 (+3.78%)

TTD Trade Desk
$344.74 /

+26.71 (+8.40%)

RUBI Rubicon Project
$7.66 /

+1.07 (+16.24%)

CRTO Criteo
$13.00 /

+1.82 (+16.28%)

CDLX Cardlytics
$76.92 /

+2.8 (+3.78%)

TTD Trade Desk
$344.74 /

+26.71 (+8.40%)

CDLX Cardlytics
$76.92 /

+2.8 (+3.78%)

Conference/Events
Cardlytics participates in a conference call with SunTrust » 11:34
06/03/20
06/03
11:34
06/03/20
11:34
CDLX

Cardlytics

$76.74 /

+2.62 (+3.53%)

Conference call with…

Conference call with management will be held on June 5 at 11 am hosted by SunTrust.

ShowHide Related Items >><<
CDLX Cardlytics
$76.74 /

+2.62 (+3.53%)

CDLX Cardlytics
$76.74 /

+2.62 (+3.53%)

05/12/20 Craig-Hallum
Cardlytics price target lowered to $50 from $70 at Craig-Hallum
05/12/20 SunTrust
Cardlytics price target raised to $55 from $50 at SunTrust
05/12/20 Wells Fargo
Cardlytics price target raised to $55 from $45 at Wells Fargo
04/21/20 BofA
Cardlytics downgraded to Underperform from Neutral at BofA
CDLX Cardlytics
$76.74 /

+2.62 (+3.53%)

CDLX Cardlytics
$76.74 /

+2.62 (+3.53%)

CDLX Cardlytics
$76.74 /

+2.62 (+3.53%)

Recommendations
Cardlytics price target lowered to $50 from $70 at Craig-Hallum » 08:46
05/12/20
05/12
08:46
05/12/20
08:46
CDLX

Cardlytics

$47.86 /

-2.92 (-5.75%)

Craig-Hallum analyst…

Craig-Hallum analyst Jason Kreyer lowered the firm's price target on Cardlytics to $50 from $70 and keeps a Hold rating on the shares. The analyst notes that the macro environment over the past 8 weeks has created significant changes in consumer behavior, most notably in consumer spending. Cardlytics was on the forefront of these changes, foreshadowing some concerning metrics on its early-March Q4 call, Krever contends, adding that the backdrop has continued to work against the company as trends worsened in April.

ShowHide Related Items >><<
CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

05/12/20 SunTrust
Cardlytics price target raised to $55 from $50 at SunTrust
05/12/20 Wells Fargo
Cardlytics price target raised to $55 from $45 at Wells Fargo
04/21/20 BofA
Cardlytics downgraded to Underperform from Neutral at BofA
04/21/20 BofA
Cardlytics downgraded to Underperform from Buy at BofA
CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

Recommendations
Cardlytics price target raised to $55 from $50 at SunTrust » 08:13
05/12/20
05/12
08:13
05/12/20
08:13
CDLX

Cardlytics

$47.86 /

-2.92 (-5.75%)

SunTrust analyst Youssef…

SunTrust analyst Youssef Squali raised the firm's price target on Cardlytics to $55 from $50 and keeps a Buy rating on the shares. The analyst notes the company's "solid" Q1 results and cautiously optimistic commentary around the effects of the pandemic on consumer spending. Squali states that after a 50% decline in April, the past few weeks are seeing signs of stabilization, with Cardlytics management adapting its strategy to help new and existing marketers navigate the challenging environment.

ShowHide Related Items >><<
CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

05/12/20 Wells Fargo
Cardlytics price target raised to $55 from $45 at Wells Fargo
04/21/20 BofA
Cardlytics downgraded to Underperform from Neutral at BofA
04/21/20 BofA
Cardlytics downgraded to Underperform from Buy at BofA
04/08/20 Wells Fargo
Cardlytics price target lowered to $45 from $75 at Wells Fargo
CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

Recommendations
Cardlytics price target raised to $55 from $45 at Wells Fargo » 08:07
05/12/20
05/12
08:07
05/12/20
08:07
CDLX

Cardlytics

$47.86 /

-2.92 (-5.75%)

Wells Fargo analyst…

Wells Fargo analyst Timothy Willi raised the firm's price target on Cardlytics to $55 from $45 and keeps an Overweight rating on the shares. The analyst believes a "solid" quarter with slightly better than expected revenue and "encouraging" discussion/results through April into early May should continue to drive investor confidence and the shares higher.

ShowHide Related Items >><<
CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

04/21/20 BofA
Cardlytics downgraded to Underperform from Neutral at BofA
04/21/20 BofA
Cardlytics downgraded to Underperform from Buy at BofA
04/08/20 Wells Fargo
Cardlytics price target lowered to $45 from $75 at Wells Fargo
04/06/20 SunTrust
Cardlytics price target lowered to $50 from $77 at SunTrust
CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

Earnings
Cardlytics reports Q1 EPS (26c), consensus (21c) » 17:37
05/11/20
05/11
17:37
05/11/20
17:37
CDLX

Cardlytics

$47.86 /

-2.92 (-5.75%)

Reports Q1 revenue…

Reports Q1 revenue $45.51M, consensus $44.21M. Q1 ARPU was 32c, a decrease of 3%, compared to 33c in Q1 of 2019 "We delivered solid first quarter results, with billings, revenue and adjusted contribution in the upper half of our prior guidance," said Scott Grimes, CEO & Co-Founder of Cardlytics. "Our team remains positive about the future and, despite the difficult nature of the COVID-19 crisis for our advertising partners, we have seen encouraging signs in our business."

ShowHide Related Items >><<
CDLX Cardlytics
$47.86 /

-2.92 (-5.75%)

04/21/20 BofA
Cardlytics downgraded to Underperform from Neutral at BofA
04/21/20 BofA
Cardlytics downgraded to Underperform from Buy at BofA
04/08/20 Wells Fargo
Cardlytics price target lowered to $45 from $75 at Wells Fargo
04/06/20 SunTrust
Cardlytics price target lowered to $50 from $77 at SunTrust

Get Full Fly Access

Breaking market intelligence sent straight to you
Our team of experts analyze every news story and filter out the noise to deliver real-time market moving news.
Up-to-date information on important industry events
Get real-time updates on events that are moving the market—from conferences and calls to syndicate announcements.
News focused on the companies in your portfolio
Create up to 12 portfolios with 150 stocks each, and see how active they are in market news.