5 days ago
BMO Capital Lifts PT on Criteo S.A. (CRTO) to $51 From $49, Keeps an Outperform Rating
Criteo S.A. (NASDAQ:CRTO) is one of the top cheap stocks that will go to the moon according to Reddit. On July 31, BMO Capital analyst Brian Pitz raised the firm's price target on Criteo S.A. (NASDAQ:CRTO) to $51 from $49, keeping an Outperform rating on the shares.
A graphic designer in front of a computer rendering a cutting edge digital advertisement for the company.
The analyst told investors in a research note that Criteo S.A. (NASDAQ:CRTO) reported strong fiscal Q2 results, with contribution ex-TAC exceeding consensus.
The firm added that the AI opportunity is increasingly in focus, with the leverage of real-time inventory, pricing, and availability data acting as a durable Retail Media advantage.
Criteo S.A. (NASDAQ:CRTO) is a France-based company that specializes in digital performance marketing. Its solution comprises its data assets, the Criteo Engine, its advertiser and publisher platforms, and access to inventory.
Criteo Engine delivers advertisements through various marketing formats and channels, including native advertising banners, display advertising banners, and more. It operates in around 90 countries and has more than 30 international offices across the Americas, Europe, and the Asia-Pacific regions.
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Disclosure: None. This article is originally published at Insider Monkey.
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