MINDBODY (MB) Tops Q4 EPS by 4c

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Mindbody (MB) PT Raised to $30 at Imperial Capital; Reiterates Outperform

February 9, 2017 10:24 AM EST

Imperial Capital raised its price target on Mindbody (NASDAQ: MB) to $30.00 (from $25.00) while maintaining a Outperform rating. MINDBODY reported revenue and EBITDA of $38.2mn and $0.6mn, respectively, versus our estimates of $38.4mn and ($0.7mn).

Analyst George Kelly commented, "We continue to see... More