Jefferies Starts Tremor Video (TRMR) at Buy, $12 PT
Get Alerts TRMR Hot Sheet
Price: $5.02 --0%
Rating Summary:
5 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
5 Buy, 2 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Jefferies initiates coverage on recent IPO Tremor Video (NYSE: TRMR) with a Buy rating and $12 price target.
"We believe Tremor is one of the better positioned companies in a fast growing segment of digital advertising, and the stock offers significant upside at today's price to our fair value estimate," the Jefferies Internet team stated.
NOTE: Jefferies acted as a joint bookrunner in Tremor's June IPO
For an analyst ratings summary and ratings history on Tremor Video click here. For more ratings news on Tremor Video click here.
Shares of Tremor Video closed at $8.41 yesterday.
"We believe Tremor is one of the better positioned companies in a fast growing segment of digital advertising, and the stock offers significant upside at today's price to our fair value estimate," the Jefferies Internet team stated.
NOTE: Jefferies acted as a joint bookrunner in Tremor's June IPO
For an analyst ratings summary and ratings history on Tremor Video click here. For more ratings news on Tremor Video click here.
Shares of Tremor Video closed at $8.41 yesterday.
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