Telaria Inc (TLRA) Receives a Rating Update from a Top Analyst


Canaccord Genuity analyst Michael Graham maintained a Buy rating on Telaria Inc (NYSE: TLRA) today and set a price target of $8. The company’s shares opened today at $3.75.

Graham noted:

“We continue to think TLRA is an attractive investment in an industry that is seeing a diminished number of independent players. Our BUY thesis centers around: 1) secular growth in digital video and OTT viewing; 2) new publisher adds and increased wallet share in existing partners given the launch of the VMP and direct ad server; 3) growth in CTV with higher CPMs that can offset take rate pressure; and, 4) profitability on track for positive EBITDA in 2018 and three-year targets.”

According to TipRanks.com, Graham is a top 100 analyst with an average return of 19.5% and a 62.6% success rate. Graham covers the Technology sector, focusing on stocks such as Paypal Holdings, Alphabet Inc, and Synacor Inc.

Telaria Inc has an analyst consensus of Moderate Buy, with a price target consensus of $8.

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The company has a one-year high of $5.30 and a one-year low of $2.22. Currently, Telaria Inc has an average volume of 255.7K.

Based on the recent corporate insider activity of 30 insiders, corporate insider sentiment is negative on the stock.

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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.

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