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RBC Capital Raises Price Target on Quotient Technology (QUOT) Following 2Q Beat

May 4, 2016 6:59 AM EDT

RBC Capital reiterated a Sector Perform rating on Quotient Technology (NYSE: QUOT), and raised the price target to $11.00 (from $8.00), following the company's 1Q earnings report. QUOT reported revenue of $66.1MM, materially higher than the Street's $60.7MM estimate. Management expects revenues for 2Q to... More