Roth Capital Reaffirms Their Buy Rating on Inuvo Inc

Roth Capital analyst William Gibson reiterated a Buy rating on Inuvo Inc (NYSE MKT: INUV) on May 18 and set a price target of $2.80. The company’s shares closed on Friday at $0.74, close to its 52-week low of $0.68.

According to TipRanks.com, Gibson is ranked #4735 out of 4798 analysts.

Inuvo Inc has an analyst consensus of Moderate Buy, with a price target consensus of $2.80.

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Based on Inuvo Inc’s latest earnings release for the quarter ending March 31, the company reported a quarterly GAAP net loss of $1.41 million. In comparison, last year the company had a GAAP net loss of $1.69 million.

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Inuvo, Inc. is an internet advertising technology and digital publishing company, which engages in the development of technology that delivers content and advertisements over the internet. The firms’s products and services include ValidClick, which is a software that offers a pay-per-click solution where advertisements are targeted to consumers based on content and behaviors; Digital Publishing provides web properties; Visual Monetization Platform, a platform which offers publishers numerous forms of monetization both visually and within or surrounding content; IntentKey, a system designed to reach highly targeted mobile and desktops; Audience Delivery Solutions provides campaign management and optimization service for advertisers that uses the IntentKey and proprietary Demand Side Platform; and MYAP, an online solution that provides advertisers with the ability to sign up, manage and track the activities of publishers. The company was founded in October 1987 and is headquartered in Little Rock, AR.