Marketo (MKTO) Tops Q4 EPS by 10c, Offers Q1 & FY Guidance

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Marketo's (MKTO) Flat Q1, FY16 Outlook Amid Tough Market Conditions Shows Confidence - Rosenblatt

February 10, 2016 9:08 AM EST

Rosenblatt Securities reaffirmed its $40 price target and Buy rating on Marketo (NASDAQ: MKTO) following Q4 results posted Tuesday night.

Analyst Kirk Adams noted the calculated billings, up 31 percent, came in below the company's FY15 number of 39 percent. The analyst noted that growth in the... More