AcuityAds (OTCMKTS:ACUIF) Price Target Lowered to $22.00 at TD Securities

AcuityAds (OTCMKTS:ACUIF) had its target price reduced by analysts at TD Securities from $29.00 to $22.00 in a research report issued on Thursday, The Fly reports. The brokerage currently has a “buy” rating on the stock. TD Securities’ target price would suggest a potential upside of 101.45% from the stock’s current price.

Several other research firms also recently issued reports on ACUIF. Desjardins began coverage on AcuityAds in a report on Tuesday, March 23rd. They set a “buy” rating on the stock. Canaccord Genuity lifted their target price on shares of AcuityAds from $21.00 to $33.00 and gave the stock a “buy” rating in a research report on Thursday, February 25th. Finally, Lake Street Capital began coverage on shares of AcuityAds in a research report on Friday, December 18th. They issued a “buy” rating on the stock.

ACUIF traded down $1.15 during trading on Thursday, reaching $10.92. 523,527 shares of the company were exchanged, compared to its average volume of 329,467. The business’s 50 day moving average price is $16.88. AcuityAds has a 52 week low of $0.56 and a 52 week high of $26.17.

AcuityAds Company Profile

AcuityAds Holdings, Inc engages in the provision of digital advertising solutions. It focuses on self-serve programmatic marketing platform. It offers video advertising, self-serve advertising technology, and mobile advertising. The company was founded by Tal Hayek, Nathan Mekuz, Rachel Kapcan, and Joe Ontman on October 9, 2009 and is headquartered in Toronto, Canada.

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