TubeMogul (TUBE) Misses Q2 EPS by 4c; Guides Below the Street

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Piper Jaffray Cuts Price Target on TubeMogul (TUBE) to $17 Following 2Q Report

August 9, 2016 9:17 AM EDT

Piper Jaffray maintained an Overweight rating on TubeMogul, Inc (NASDAQ: TUBE), and cut the price target to $17.00 (from $23.00), following the company's 2Q earnings report. TubeMogul reported Q2 revenue of $55.4 million, 5% below the Street's $58.2 million. EBITDA was $2.4 million, slightly ahead of the Street's $2.3 million.

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JMP Securities Downgrades TubeMogul, Inc (TUBE) to Market Perform

August 9, 2016 6:57 AM EDT

JMP Securities downgraded TubeMogul, Inc (NASDAQ: TUBE) from Market Outperform to Market Perform and removed its price target (prior $22.00).

For an analyst ratings summary and ratings history on TubeMogul, Inc click here. For more ratings news on TubeMogul, Inc click here.

Shares of TubeMogul, Inc closed at $12.64 yesterday.

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