Rubicon Project (RUBI) Tops Q2 EPS by 26c

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RBC Capital Raises Price Target on Rubicon Project (RUBI) Following 2Q Results

July 29, 2015 7:44 AM EDT

RBC Capital reiterated an Outperform rating on The Rubicon Project, Inc. (NYSE: RUBI), and raised the price target to $26.00 (from $25.00), following 2Q15. RUBI reported net revenue of $48.5MM, above Street's $42.4MM estimate. RUBI switched GAAP Revenues to Gross recognition and raised midpoint gross... More