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YuMe (NASDAQ:YUME)‘s stock had its “neutral” rating reaffirmed by stock analysts at Citigroup Inc. in a report issued on Thursday. They currently have a $6.00 price target on the stock, down from their previous price target of $7.00. Citigroup Inc.’s price target points to a potential upside of 4.90% from the stock’s previous close.

Shares of YuMe (NASDAQ:YUME) traded down 11.36% on Thursday, hitting $5.07. 735,884 shares of the company’s stock traded hands. YuMe has a 52-week low of $4.72 and a 52-week high of $12.08. The stock’s 50-day moving average is $5.96 and its 200-day moving average is $6.36. The company’s market cap is $164.1 million.

YuMe (NASDAQ:YUME) last announced its earnings results on Wednesday, August 13th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.11) by $0.19. The company had revenue of $40.40 million for the quarter, compared to the consensus estimate of $41.50 million. On average, analysts predict that YuMe will post $-0.06 earnings per share for the current fiscal year.

Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank cut their price target on shares of YuMe from $10.00 to $8.00 in a research note on Thursday. They now have a “buy” rating on the stock. Analysts at Piper Jaffray reiterated an “overweight” rating on shares of YuMe in a research note on Thursday. They now have a $8.00 price target on the stock, down previously from $10.00.

YuMe, Inc is engaged in providing digital video brand advertising solutions. Its technologies serve the specific needs of brand advertisers and enable them to find and target large, brand-receptive audiences across a range of Internet-connected devices and digital media properties.

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