Criteo S.A. (CRTO)

The report analyzes the top 12 demand-side platform (DSP) providers based on growth, innovation, and revenue over $170 million. These companies are assessed on 10 criteria to unveil their market standing and competitive advantages in the evolving programmatic advertising ecosystem.

The article highlights two undervalued tech stocks, Criteo and Hewlett Packard Enterprise, that are poised for long-term growth despite recent market volatility. Criteo's robust cash generation and HP Enterprise's leading position in the AI hardware market make them attractive investment opportunities.

Google has decided to not deprecate third-party cookies on Chrome, contrary to its previous plans. Analysts believe this will benefit various industry players, especially smaller publishers and companies like Criteo and The Trade Desk.

The average brokerage recommendation (ABR) for Criteo (CRTO) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?

During the last three months, 6 analysts shared their evaluations of Criteo (NASDAQ:CRTO), revealing diverse outlooks from bullish to bearish. In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total Ratings 1 1 4 0 0 Last 30D 1 0 0 0 0 1M Ago 0 0 0 0 0 2M Ago 0 0 1 0 0 3M Ago 0 1 3 0 0 In the assessment of 12-month price targets, analysts unveil insights for Criteo, presenting an average target of $35.17, a high estimate of $41.00, and a low estimate of $31.00. This upward trend is apparent, with the current average reflecting a 29.3% increase from the previous average price target of $27.20. Understanding Analyst Ratings: A Comprehensive Breakdown In examining recent analyst actions, we gain insights into how financial experts perceive Criteo. The following summary outlines key analysts, their recent evaluations, and adjustments to ratings and price targets. Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target Mark Zgutowicz Benchmark Maintains Buy $40.00 - Tom White DA Davidson Raises Neutral $35.00 $27.00 Doug Anmuth JP Morgan Raises Neutral $31.00 $27.00 Brian Pitz BMO Capital Raises Market Perform $31.00 $28.00 Shyam Patil Susquehanna Raises Neutral $33.00 $26.00 Brian Fitzgerald Wells Fargo Raises Overweight $41.00 $28.00 Key Insights: Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their ...Full story available on Benzinga.com