Needham & Company Starts YuMe, Inc. (YUME) at Buy

September 3, 2013 9:09 AM EDT
Get Alerts YUME Hot Sheet
Price: $3.65 --0%

Rating Summary:
    1 Buy, 4 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Needham & Company initiates coverage on YuMe, Inc. (NYSE: YUME) with a Buy. PT $13.00.

Analyst Kerry Rice comments, "We expect YuMe to benefit, as both a driver and beneficiary, from the shift of TV advertising dollars toward digital video advertising. We believe the company’s technological approach to enabling this migration is unique, scalable and proven. As such, we expect YuMe to drive robust top-line growth and margin leverage for years to come, making the stock an attractive investment opportunity."

For an analyst ratings summary and ratings history on YuMe, Inc. click here. For more ratings news on YuMe, Inc. click here.

Shares of YuMe, Inc. closed at $8.48 yesterday.

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