Marketo Might Be Underpriced, Seeks Sales People

By | December 16, 2015

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Having consolidated for 214 days since its 52-week high at 35.63 on Feb. 10, Marketo (MKTO) stock might be ready to turn up, maybe to 40, says a Rosenblatt Securities analyst. It has a ways to go. Marketo, a Silicon Valley-based marketing software upstart, is near 26, and was up a fraction in morning trading in the stock market today. Rosenblatt analyst Kirk Adams says Marketo is undervalued. In a research note Wednesday, Adams said “the stock is Scalper1 News

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