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Marin Software (NASDAQ:MRIN) was upgraded by analysts at TheStreet from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Thursday.

The analysts wrote, “Marin Software (MRIN) has been upgraded by TheStreet Ratings from sell to hold. The company’s strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. However, as a counter to these strengths, we find that we feel that the company’s cash flow from its operations has been weak overall.”

Marin Software (NASDAQ:MRIN) traded down 1.14% during mid-day trading on Thursday, hitting $12.13. The stock had a trading volume of 111,097 shares. Marin Software has a 1-year low of $8.41 and a 1-year high of $14.37. The stock’s 50-day moving average is $10.04 and its 200-day moving average is $10.17. The company’s market cap is $404.1 million.

Marin Software (NASDAQ:MRIN) last released its earnings data on Wednesday, May 7th. The company reported ($0.21) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.27) by $0.06. The company had revenue of $22.80 million for the quarter, compared to the consensus estimate of $21.64 million. During the same quarter in the prior year, the company posted ($0.39) earnings per share. The company’s quarterly revenue was up 32.6% on a year-over-year basis. Analysts expect that Marin Software will post $-0.88 EPS for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Marin Software in a research note on Tuesday, June 3rd. They now have a $20.00 price target on the stock. Separately, analysts at Goldman Sachs cut their price target on shares of Marin Software from $16.00 to $13.00 in a research note on Thursday, May 22nd. Finally, analysts at Stifel Nicolaus reiterated a “buy” rating on shares of Marin Software in a research note on Thursday, May 8th. They now have a $16.00 price target on the stock, down previously from $18.00.

Marin Software Incorporated provides cloud-based digital advertising management platform to advertisers and agencies.

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