BMO Capital Initiates Coverage On Criteo with Market Perform Rating, Announces Price Target of $28
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has initiated coverage on Criteo (NASDAQ:CRTO) with a Market Perform rating and set a price target of $28.
January 09, 2024 | 11:38 am
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NEUTRAL IMPACT
BMO Capital has initiated coverage on Criteo with a Market Perform rating and a price target of $28.
The initiation of coverage by BMO Capital with a Market Perform rating suggests a neutral outlook on Criteo's stock, indicating that the stock is expected to perform in line with the market or sector. The price target of $28 provides a reference point for investors but does not imply significant upside or downside, hence the neutral score. The relevance is high as the news is directly about Criteo. The importance is significant as analyst ratings can influence investor perception and stock price, but it is not at the highest level as the rating is neutral rather than positive or negative. The confidence level is high due to the clear and direct nature of the analyst's rating and price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100