KeyCorp Initiates Coverage on Cardlytics (CDLX)

KeyCorp began coverage on shares of Cardlytics (NASDAQ:CDLX) in a research report report published on Tuesday, Marketbeat reports. The firm issued an overweight rating and a $23.00 target price on the stock. KeyCorp also issued estimates for Cardlytics’ Q1 2018 earnings at ($0.53) EPS, Q2 2018 earnings at ($0.42) EPS, Q3 2018 earnings at ($0.53) EPS, Q4 2018 earnings at ($0.19) EPS, FY2018 earnings at ($1.67) EPS, Q1 2019 earnings at ($0.38) EPS, Q2 2019 earnings at ($0.19) EPS, Q3 2019 earnings at ($0.20) EPS, Q4 2019 earnings at $0.03 EPS, FY2019 earnings at ($0.73) EPS and FY2020 earnings at $0.08 EPS.

Shares of Cardlytics (NASDAQ:CDLX) opened at $17.68 on Tuesday. Cardlytics has a 52 week low of $11.10 and a 52 week high of $20.99. The firm has a market capitalization of $345.11 and a P/E ratio of -12.19.

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In other Cardlytics news, CEO Scott D. Grimes bought 2,600 shares of the firm’s stock in a transaction that occurred on Tuesday, February 13th. The stock was purchased at an average price of $13.00 per share, for a total transaction of $33,800.00. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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Cardlytics Company Profile

Cardlytics Inc is a United States-based provider of card-linked marketing solutions. The Company provides suite of technologies that enables banks to leverage consumer purchase data and ensure privacy for their customers for online and mobile banking. Cardlytics is the advertising and technology company that provides Card-Linked Marketing (CLM).

Analyst Recommendations for Cardlytics (NASDAQ:CDLX)

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