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KeyBanc Downgrades Criteo S.A. (CRTO) to Sector Weight

March 26, 2019 4:24 AM EDT
Get Alerts CRTO Hot Sheet
Price: $18.60 +5.32%

Rating Summary:
    19 Buy, 10 Hold, 1 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 14 | Down: 24 | New: 110
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KeyBanc analyst Andy Hargreaves downgraded Criteo S.A. (NASDAQ: CRTO) from Overweight to Sector Weight.

The analyst comments "Incentives and anti-trust issues make a full ITP-like solution in Chrome very unlikely, in our view. However, we will not be able to disprove the bear case until Google provides more clarity on its plans, which is likely to create an overhang on CRTO that we do not expect to ease in the near term."

For an analyst ratings summary and ratings history on Criteo S.A. click here. For more ratings news on Criteo S.A. click here.

Shares of Criteo S.A. closed at $21.98 yesterday.



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