Rocket Fuel (FUEL) Tops Q1 EPS by 5c

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Credit Suisse Downgrades Rocket Fuel (FUEL) to Neutral on Valuation

May 10, 2017 5:58 AM EDT

Credit Suisse downgraded Rocket Fuel (NASDAQ: FUEL) from Outperform to Neutral with a price target of $4.75 (from $4.50) as shares trade near their price target.

Analyst Stephen Ju notes ongoing crosscurrents between platform and managed services.

The firm's 2017 revenue/Adj. EBITDA estimates are now... More