Canaccord Genuity Maintains a Buy Rating on Telaria Inc

In a report released today, Michael Graham from Canaccord Genuity maintained a Buy rating on Telaria Inc (NYSE: TLRA), with a price target of $8. The company’s shares opened today at $4.19.

According to TipRanks.com, Graham is a top 100 analyst with an average return of 17.5% and a 63.5% success rate. Graham covers the Technology sector, focusing on stocks such as The Meet Group Inc, Paypal Holdings, and Facebook Inc.

Telaria Inc has an analyst consensus of Moderate Buy, with a price target consensus of $7.50.

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Based on Telaria Inc’s latest earnings release for the quarter ending December 31, the company reported a quarterly GAAP net loss of $609K. In comparison, last year the company had a GAAP net loss of $6.86 million.

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Telaria, Inc. engages in the provision of online digital video advertising services. Its buyer and seller platforms enable seamless transactions in a premium video marketplace by offering control and transparency to clients. The company was founded by Jason Glickman and Andrew Reis in November 2005 and is headquartered in New York, NY.