Tag Archives: crto

Criteo Enters 2016 With Alibaba China Expansion Doubt

Pacific Crest Securities handed Criteo (CRTO) a price target cut, questioning the Paris-based ad tech firm’s global expansion pace and whether Alibaba Group (BABA) will emerge as a major client in 2016. Pacific Crest analyst Evan Wilson cut his price target on Criteo stock to 58 from 65 while maintaining an overweight rating on the company. Wilson estimates that Criteo places cookies “on 52% of the top 100 retail and travel sites (publisher and

Criteo Can Look To China For Growth In 2016: Analyst

Criteo (CRTO) will continue to show rapid growth and expand beyond its e-commerce and online travel advertising core, analysts said, after the Paris-based ad-tech company’s shares fell 16% Wednesday to a nearly two-month low after its Q3 earnings disappointed. In its earnings release early Wednesday, the company pointed to foreign exchange headwinds as weighing on its results and guidance. Criteo was up a fraction in midday trading in the stock

Criteo Dives On Q3 Miss, Q4 View Amid Apple Ad Block

Criteo (CRTO) stock dove on Wednesday after the Paris-based ad-tech firm gave Q3 earnings and Q4 guidance below Wall Street’s expectations before the market open. Criteo stock was down more than 14% in midday trading in the stock market today, near 36. Criteo stock is down 10% this year and is off 39% from its all-time high of 60.95 touched in early March2014. Criteo reported Q3 EPS ex items of 0.16 euros, which is about 17 cents at current