RetailMeNot (SALE) Tops Q3 EPS by 3c, Q4 Guidance Falls Short
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Go back to RetailMeNot (SALE) Tops Q3 EPS by 3c, Q4 Guidance Falls Short
November 4, 2014 7:40 AM EST
Goldman Sachs downgraded RetailMeNot Inc. (NASDAQ: SALE) from Buy to Neutral with a price target of $19.00 (from $27.00). The change follows Q3 results.
Analyst Debra Schwartz said, "We remove RetailMeNot from the Americas Buy List as the desktop to mobile transition is proving... More
November 4, 2014 6:46 AM EST
RBC Capital analyst Mark Mahaney reiterated a Sector Perform rating on RetailMeNot Inc. (NASDAQ: SALE) and cut his price target to $19.00 (from $24.00) following beat and lower Q3 results.
Mahaney commented, "Several negative factors at work FX headwinds, weakish International traffic, Mobile monetization challenges, ongoing Google SEO risks, and commission pressures. Reducing estimates. Maintain Sector Perform; PT cut to... More
