Millennial Media (MM) Tops Q4 EPS by 5c

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Millennial Media (MM) Numbers Cut at Canaccord Genuity Despite Strong End to 2014

March 10, 2015 8:43 AM EDT

Canaccord Genuity analyst Michael Graham reiterated a Hold rating and trimmed his price target on Millennial Media (NYSE: MM) to $2.50 (from $3.00) following "solid" Q4 results.

"Millennials Q4 results were solid with revenue beating our estimate decisively, with most of the associated gross profit upside falling directly to EBITDA.... More