UPDATE: Citigroup Reiterates on YuMe as Solid 3Q13 Report Assuages Concerns
November 14, 2013 at 08:44 AM EST
In a report published Thursday, Citigroup analyst Mark May reiterated a Buy rating on YuMe (NYSE: YUME ), but lowered the price target from $11.00 to $10.00. In the report, Citigroup noted, “YuMe reported a strong 3Q13 with results that topped expectations across the board—despite heightened concerns heading into the