Criteo S.A. (CRTO) tops Q1 EPS by 16c, taking more modest approach to 2019 growth outlook

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Criteo S.A. (CRTO) PT Lowered to $20 at Nomura/Instinet

May 1, 2019 7:00 AM EDT

Nomura/Instinet analyst Mark Kelley lowered the price target on Criteo S.A. (NASDAQ: CRTO) to $20.00 (from $30.00) while maintaining a Neutral rating following the company's 1Q earnings report. Revenue was -2% YoY to $236mn, ahead of consensus of $234mn. Adjusted EBITDA of... More