MINDBODY Reports Third Quarter 2017 Financial Results

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Mindbody (MB) PT Raised to $35 at Imperial Capital Following 3Q Report

October 30, 2017 7:04 AM EDT

Imperial Capital raised its price target on Mindbody (NASDAQ: MB) to $35.00 (from $30.00) while maintaining a Outperform rating following the company's 3Q earnings report. MB reported 3Q17
revenue and EBITDA of $46.6mn and $2.5mn exceeding estimates of $45.6mn and $0.8mn,
respectively. Subscription and... More