Vimeo Reports Q2 2021 Financial Results – Q2 Revenue Increases 43% to $96 Million

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Vimeo (VMEO) PT Lowered to $54 at Jefferies

August 9, 2021 8:29 AM EDT

Jefferies analyst Brent Thill lowered the price target on Vimeo (NASDAQ: VMEO) to $54.00 (from $60.00) while maintaining a Buy rating.

The analyst commented, "July growth came in shy of the buyside bogey of 40% growth, decelerating to 35% (from 41% in June) despite an easing comp. The... More