Rentrak (RENT) Tops Q4 EPS by 4c, Reiterated FY16 Guidance

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Piper Jaffray Raised Price Target Following a Solid Q4 From Rentrak (RENT)

May 28, 2015 7:09 AM EDT

Piper Jaffray reiterates a Neutral rating on Rentrak (NASDAQ: RENT), and raised the price target to $65.00 (from $63.00), following F4Q. RENT reported in-line revenue at $28.5M. EBITDA of $4.4M beat estimates of $4.0M. EPS was reported at $0.23, beating estimates of ($0.01).

Analyst Peter... More