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Deutsche Bank released a research report on comScore
SCOR stating the recent analyst day event reinstalled confidence that the company is successfully executing on its strategy despite the recent disappointment surrounding margin performance.
In the report, Deutsche Bank writes, “We had a relatively upbeat analyst day in NYC. The presentation mostly provided helpful clarity on the strategic rationale of recent acquisitions and a better understanding of the differentiators behind new products but was light on financial details. While the recent margin performance has been disappointing, we are confident in the growth opportunity and believe that margin expansion likely returns in 1H 2012, hence we remain buyers of the shares.”
Deutsche Bank has a Buy rating and a $24.00 price target on comScore, which closed yesterday at $15.85.
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