SFX Entertainment, Inc. (SFXE) Posts Q2 Loss of 50c/Share

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SFX Entertainment (SFXE) PT, Estimates Cut at Jefferies Post Q2

August 15, 2014 8:36 AM EDT

Jefferies US Internet Team cut estimates and its price target on SFX Entertainment (NASDAQ: SFXE) $15.00 (from $17.00) following weaker-than-expected Q2 results. However, the firm maintained a Buy rating and it continues to expand marketing partnerships.

Jefferies US Internet Team commented, "SFXE posted... More