Canaccord analyst Maria Ripps lowered the firm’s price target on Fluent to $4 from $4.50 and keeps a Hold rating on the shares. The firm said they reported soft Q2 results, with revenue declining ~28% as unauthorized activity around ACA (Affordable Care Act) policies across the industry adversely impacted the quarter, and as the company still remained under pressure from the lingering impact of the FTC settlement.
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