RetailMeNot (SALE) Misses Q2 EPS by 9c

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Go back to RetailMeNot (SALE) Misses Q2 EPS by 9c

RetailMeNot (SALE) Buy Rated Maintained at Goldman Sachs

August 5, 2014 7:32 AM EDT

Goldman Sachs maintained a Buy rating on RetailMeNot Inc. (NASDAQ: SALE) and lowered its price target to $38.00 (from $44.00). The change follows weak Q2 results.

Analyst Debra Schwartz said, "RetailMeNot reported an in-line 2Q and lowered... More

RBC Capital Downgrades RetailMeNot Inc. (SALE) to Sector Perform

August 5, 2014 6:39 AM EDT

RBC Capital downgraded RetailMeNot Inc. (NASDAQ: SALE) from Outperform to Sector Perform with a price target of $24.00 (from $42.00).

Analyst Mark Mahaney commented, "SALE reported Miss & Lower Q2 results. The magnitude of the guidance cuts surprised us, yet we see still see risk in the H2 outlook, are concerned about long-term Google disruption risk, and dont view valuation as compelling now.... More