MNTN price target raised to $33 from $32 at Raymond James

Raymond James analyst Andrew Marok raised the firm’s price target on MNTN (MNTN) to $33 from $32 and keeps an Outperform rating on the shares. MNTN reported a solid first quarter as a public company, exceeding expectations for both revenue and EBITDA, with Q3 guidance ahead of estimates, the analyst tells investors in a research note. The firm’s outlook remains consistently positive.