Barclays Capital Gives Equalweight Rating to Millennial Media (MM)

By admin | 6 years ago

Millennial Media (NYSE: MM)‘s stock had its “equalweight” rating reaffirmed by research analysts at Barclays Capital (NYSE: BCS) in a report released on Tuesday.

Millennial Media opened at 13.40 on Tuesday. Millennial Media has a 1-year low of $13.18 and a 1-year high of $27.90. The company’s market cap is $1.004 billion.

Millennial Media last released its earnings data on Monday, May 14th. The company reported ($0.05) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.07) by $0.02. The company’s revenue for the quarter was up 53.0% on a year-over-year basis. Analysts expect that Millennial Media will post $0.00 EPS next quarter.

A number of other firms have also recently commented on MM. Analysts at Goldman Sachs (NYSE: GS) initiated coverage on shares of Millennial Media in a research note to investors on Tuesday, May 8th. They set a “neutral” rating and a $19.00 price target on the stock. Separately, analysts at Morgan Stanley (NYSE: MS) initiated coverage on shares of Millennial Media in a research note to investors on Tuesday, May 8th. They set an “equal weight” rating and a $17.00 price target on the stock. Finally, analysts at Stifel Nicolaus initiated coverage on shares of Millennial Media in a research note to investors on Tuesday, May 8th. They set a “hold” rating on the stock.

Millennial Media, Inc. (Millennial Media) is a mobile advertising platform company. Millennial Media technology, tools and services help developers maximize their advertising revenue.

About the author