MINDBODY (MB) Tops Q2 EPS by 4c
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Imperial Capital Reiterates Outperform on MINDBODY (MB) Following 2Q Beat and Raise
July 29, 2016 7:59 AM EDTImperial Capital reiterated an Outperform rating on Mindbody (NASDAQ: MB), and raised the price target to $22.00 (from $18.00), following the company's 2Q earnings report. Revenue guidance improved to $137mn-$139mn from $135.7mn-$138.7mn and non-GAAP loss improved to ($16.3mn)-($18.3mn) from ($19.4mn)-($22.4mn).... More
