Rubicon Project Reports Second Quarter 2016 Results
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Needham & Company Downgrades The Rubicon Project, Inc. (RUBI) to Hold
August 3, 2016 8:35 AM EDTNeedham & Company downgraded The Rubicon Project, Inc. (NYSE: RUBI) from Buy to Hold 2nd-half revenue slows on header bidding and self-service headwinds.
Analyst Kerry Rice commented, "We are downgrading Rubicon to a HOLD from a BUY as the headwinds related to header bidding... More
Cantor Fitzgerald Downgrades The Rubicon Project, Inc. (RUBI) to Hold
August 3, 2016 7:36 AM EDTCantor Fitzgerald downgraded The Rubicon Project, Inc. (NYSE: RUBI) from Buy to Hold with a price target of $14.00 (from $22.00).
For an analyst ratings summary and ratings history on The Rubicon Project, Inc.... More
Boenning & Scattergood Downgrades The Rubicon Project, Inc. (RUBI) to Neutral
August 3, 2016 7:19 AM EDTBoenning & Scattergood downgraded The Rubicon Project, Inc. (NYSE: RUBI) from Outperform to Neutral and removed its price target. Analyst Murali Sankar thinks the stock will be impaired near-term following the release of Q2 results and guidance.
"We are downgrading RUBI to Neutral from Outperform, as we see near term headwinds related to desktop and header bidding impacting top line performance. As a growth stock, top line headwinds will weigh significantly on valuation. With RUBI... More
SunTrust Downgrades The Rubicon Project, Inc. (RUBI) to Neutral
August 3, 2016 7:06 AM EDTSunTrust Robinson Humphrey downgraded The Rubicon Project, Inc. (NYSE: RUBI) from Buy to Neutral with a price target of $13.00 (from $19.00).
For an analyst ratings summary and ratings history on The Rubicon Project, Inc.... More
Oppenheimer Downgrades The Rubicon Project, Inc. (RUBI) to Perform
August 3, 2016 7:05 AM EDTOppenheimer downgraded The Rubicon Project, Inc. (NYSE: RUBI) from Outperform to Perform and removed its price target (prior $23.00).
For an analyst ratings summary and ratings history on The Rubicon Project, Inc.... More
RBC Capital Downgrades The Rubicon Project, Inc. (RUBI) to Sector Perform
August 3, 2016 6:49 AM EDTRBC Capital downgraded The Rubicon Project, Inc. (NYSE: RUBI) from Outperform to Sector Perform with a price target of $14.00 (from $22.00).
Analyst Andrew Bruckner commented, "RUBI reported a typical beat Q2, but meaningfully revised top-line guidance down for 2016, following unexpected weakness in Desktop and fewer... More
Rubicon Project (RUBI) Tops Q2 EPS by 7c; Guides Below the Street
August 2, 2016 4:09 PM EDTRubicon Project (NYSE: RUBI) reported Q2 EPS of $0.17, $0.07 better than the analyst estimate of $0.10. Revenue for the quarter came in at $65.1 million versus the consensus estimate of $63.76 million.
"Q2 was a solid quarter for Rubicon Project, highlighted by 33% revenue growth year-over-year and very strong growth in our strategic business drivers of... More
