MNTN price target lowered to $26 from $36 at Tigress Financial

Tigress Financial lowered the firm’s price target on MNTN (MNTN) to $26 from $36 and keeps a Strong Buy rating on the shares. The shareholder value story is “entering a new phase” as economic profit has inflected into positive territory, says the analyst, who notes that the firm’s revised target still represents a potential return of over 160% from current levels.