Market Overview

UPDATE: Jefferies Initiates RetailMeNot at Buy on Best Market Position

Share:
Related
BWS Financial Sees Strong Times Ahead For RetailMeNot
Top 4 Stocks In The Marketing Services Industry With The Lowest PEG Ratio

In a report published Tuesday, Jefferies analyst Brian Pitz initiated coverage on RetailMeNot (NASDAQ: SALE) with a Buy rating and $40.00 price target.

In the report, Jefferies noted, “We are initiating coverage with a Buy rating and $40 PT. We believe that the company is one of the best positioned in the large and under-penetrated digital couponing space and that there is meaningful upside from current stock price levels. Jefferies acted as a lead co-manager in RetailMeNot's July IPO.”

RetailMeNot closed on Monday at $32.28.

Latest Ratings for SALE

DateFirmActionFromTo
Feb 2015BWS FinancialInitiates Coverage onBuy
Nov 2014Goldman SachsDowngradesBuyNeutral
Nov 2014WunderlichMaintainsBuy

View More Analyst Ratings for SALE
View the Latest Analyst Ratings

Posted-In: Brian Pitz JefferiesAnalyst Color Initiation Analyst Ratings

 

Related Articles (SALE)

Around the Web, We're Loving...

Get Benzinga's Newsletters

Benzinga PRO content