Rocket Fuel (FUEL) Tops Q4 EPS by 15c, Offers Q1 Guidance

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Rocket Fuel (FUEL) Turnaround Progressing - BMO

February 25, 2016 7:17 AM EST

BMO Capital analyst, Daniel Salmon, thinks Rocket Fuel's (NASDAQ: FUEL) turnaround is progressing but not fast enough to upgrade shares from the Market Perform rating. The company needs to stem client losses to ensure revenue does not fall into a downward spiral and while this quarter was a step in the right direction, the analyst needs more datapoints to be comfortable that the turnaround is taking hold. The firm... More