Criteo (CRTO) Tops Q1 EPS by 9c

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RBC Capital Cuts Price Target on Criteo (CRTO) Following 1Q Report

May 4, 2016 4:17 PM EDT

RBC Capital maintained an Outperform rating on Criteo S.A. (NASDAQ: CRTO), and cut the price target to $55.00 (from $58.00), following the company's 1Q earnings report. Net Revenue increased 41% Y/Y, compared to 43% in Q4. Adjusted EBITDA margin improved 320 bps Y/Y, leading... More