Vimeo (VMEO) Tops Q1 EPS by 8c

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Vimeo (VMEO) PT Lowered to $20 at Jefferies

May 6, 2022 8:22 AM EDT

Jefferies analyst Brent Thill lowered the price target on Vimeo (NASDAQ: VMEO) to $20.00 (from $25.00) while maintaining a Buy rating following earnings.

The analyst commented, "VMEO printed a 2%/5% rev/Adj EBITDA beat in Q1, however, Q2 rev guidance was 1% below consensus and VMEO pulled... More