Criteo price target raised to $60 from $48 at BMO Capital

BMO Capital analyst Brian Pitz raised the firm’s price target on Criteo (CRTO) to $60 from $48 and keeps an Outperform rating on the shares. The company delivered strong Q4 results, with Contribution ex-TAC of up 2% above consensus and adjusted EBITDA coming 22% above consensus, as strong holiday season helped push advertisers through volume thresholds, driving higher fees for Criteo, the analyst tells investors in a research note. Shares remain attractive at 6-times expected FY26 adjusted EBITDA, BMO added.