Bankrate: Mortgage Rates Jump on Talk of December Rate Hike

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Go back to Bankrate: Mortgage Rates Jump on Talk of December Rate Hike

Bankrate (RATE) Reports a 3Q Beat and Raise; RBC Capital Reiterates Outperform

November 6, 2015 10:43 AM EST

RBC Capital reiterated an Outperform rating on Bankrate (NYSE: RATE), and raised the price target to $16.00 (from $15.00), following the company's 3Q earnings report. Q2 Revenue & EBITDA of $140.8MM & $39.9MM came in above the Street at $129.2MM & $34.9MM, as well as above guidance of... More