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TubeMogul (TUBE) could be on the verge of capitalizing on the growing shift of video ad spending from TV to the Internet. In a research report late Thursday, Rohit Kulkarni, an analyst for RBC Capital Markets, says the company’s improving fundamentals and several developments gives the company an edge in the online video ad market. Kulkarni raised his rating on the company to outperform from sector perform, with a price target of 21. TubeMogul Scalper1 News
Scalper1 News