Criteo price target raised to $60 from $51 at Benchmark

Benchmark raised the firm’s price target on Criteo (CRTO) to $60 from $51 and keeps a Buy rating on the shares. Criteo “delivered the retail media goods” despite heavy foreign exchange headwinds and tough comparisons, the analyst tells investors in a post-earnings note. The firm was “most impressed” with the Q4 acceleration of retail media take rate to 17.0% from 16.2% in Q3, the analyst noted.