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Stock Market & Financial Investment News

News Breaks
May 14, 2014
07:28 EDTCRTOCriteo management to meet with Deutsche Bank
Meetings to be held in Frankfurt/Geneva on May 14 hosted by Deutsche Bank.
News For CRTO From The Last 14 Days
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July 1, 2015
09:46 EDTCRTOCriteo rises after said to add Alibaba, Target as customers
Shares of digital marketing solutions provider Criteo (CRTO) are rising in early trading after research firm Pacific Crest raised its price target on the stock. The firm also notes that it appears Criteo has recently added Alibaba (BABA) and Target (TGT) as customers. WHAT'S NEW: In a note to investors this morning, Pacific Crest analyst Evan Wilson said that the firm's checks indicate that Criteo now has cookies on 49% of the top 100 retail and travel websites in the U.S. Wilson noted that Google (GOOG) has 76% of the top 100, but suggested also that its heavy overlap with Criteo reinforces the view that the two companies' cookies serve different purposes. Wilson said Target was a notable Criteo win in the U.S. during Q2, while also saying the firm discovered that some Alibaba sites outside of China now have a Criteo cookie for the first time. Wilson raised his 2016 estimates for Criteo citing the continued strong checks and increased the firm's price target on the stock to $65 from $55. PRICE ACTION: In early trading, Criteo grained $2.30, or 4.8%, to $49.97.
08:18 EDTCRTOCriteo price target raised to $65 from $55 at Pacific Crest
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June 25, 2015
10:00 EDTCRTOOn The Fly: Analyst Initiation Summary
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06:31 EDTCRTOCriteo initiated with an Outperform at Cowen
Target $58.

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