UPDATE: Piper Jaffray Raises PT to $20 on comScore

A report from Piper Jaffray reiterates its Neutral rating and raises its price target from $18 to $20 on comScore (NASDAQ: SCOR).

The report states, “Q3 exceeded muted estimates, and Q4 guidance was in line on sales and better on margins. Net-net, concerns over prior margin pressures have abated somewhat. We continue to gauge ancillary product timing and contribution to 20% organic sales growth and 100 bps margin expansions targets, minimum hurdles as we look out to next year."

SCOR closed yesterday at $20.50.