MNTN price target raised to $30 from $23 at Citizens JMP

Citizens JMP raised the firm’s price target on MNTN (MNTN) to $30 from $23 and keeps an Outperform rating on the shares. The firm expects strong results in MNTN’s first quarter as a public company. Citizens expects MNTN’s tailwinds in bringing SMBs online to scale performance connected TV advertising campaigns remain intact and can lead to persistent 30% growth despite comps that became more difficult in Q2, the analyst tells investors in a research note.