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Brokerages Set Rocket Fuel Inc. (NASDAQ:FUEL) Target Price at $3.65

Since then, Rocket Fuel has been hit by allegations of dealing in fraudulent ad inventory and eventually faced leadership changes and layoffs. Rocket Fuel’s board of directors has also already unanimously approved the proposed deal, Sizmek said, and shareholders holding 24 percent of the technology company’s common stock have also issued. Renaissance Technologies LLC increased its stake in shares of Rocket Fuel by 12.5% in the fourth quarter.02/08/2016 – Rocket Fuel Inc. had its “neutral” rating reiterated by analysts at Goldman Sachs. If you own FUEL shares and would like more information about your rights or our investigation, or if you have information to share with us, please contact Joshua Rubin by telephone at (888) 593-4771 or by email at stockinfo@weisslawllp.com. The value of the position overall is up by 240.0%. Federated Investors Inc. PA raised its position in shares of Rocket Fuel by 26.7% in the fourth quarter. Bridgeway Capital Management Inc controls 841,012 shares valued at $4,508,000. The average 12-month target price among brokerages that have covered the stock in the a year ago is $3.48.11/12/2015 – Boenning & Scattergood began new coverage on Rocket Fuel Inc. giving the company a “neutral” rating. The company had revenue of $95.20 million during the quarter, compared to analyst estimates of $102.15 million.September 28 investment analysts at Citigroup maintained a company rating of “Neutral” but lowered the price target from $9.50 to $5.50. On February 20 the company was set at “Neutral” by Piper Jaffray a cut from the previous “Overweight” rating. The company had a trading volume of 1,170,643 shares. 2,097,376 shares of the company traded hands. The firm’s 50 day moving average is $2.83 and its 200-day moving average is $3.28.As of the last earnings report the EPS was $-1.49 and is projected to be $-0.78 for the current year with 46,442,000 shares now outstanding. The technology company reported ($0.32) EPS for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.10. Its platform includes data management, programmatic media-buying, site optimization and predictive analytics capabilities across paid and owned channels. DMP and DSP are used by customers themselves or integrating with other customer relationship management or marketing platforms, and together in various permutations as its Programmatic Marketing Platform. The integrated platform is created to deliver and optimize media spend to engage, upsell and retarget consumers across addressable channels, including display, mobile and video, and across addressable devices, such as tablets, set top boxes, television and mobile phones. The company has tried to pivot from a managed service business to a software-as-a-service company (SAAS) which would generate more reliable revenue and could operate with fewer people.