Are Analysts Bearish Marketo Inc (NASDAQ:MKTO) After Last Week?

Out of 16 analysts covering Marketo Inc (NASDAQ:MKTO), 0 rate it “Buy”, 0 “Sell”, while 0 “Hold”. This means NaN are positive. Marketo Inc was the topic in 8 analyst reports since August 20, 2015 according to StockzIntelligence Inc. Below is a list of Marketo Inc (NASDAQ:MKTO) latest ratings and price target changes.

04/04/2016 Broker: Craig Hallum Rating: Buy Initiate
26/01/2016 Broker: Bank of America Old Rating: Neutral New Rating: Underperform Old Target: $32.00 New Target: $22.00 Downgrade
18/01/2016 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform New Target: $34 Upgrade
15/01/2016 Broker: RBC Capital Markets Old Rating: Sector Perform New Rating: Outperform New Target: $34.0 Upgrade
11/12/2015 Broker: Goldman Sachs Rating: Neutral Initiate
06/11/2015 Broker: Dougherty & Company Rating: Buy New Target: $55.00 Initiate

The stock increased 3.66% or $0.77 during the last trading session, hitting $21.82. About 305,673 shares traded hands. Marketo Inc (NASDAQ:MKTO) has declined 27.16% since September 10, 2015 and is downtrending. It has underperformed by 33.74% the S&P500.

Marketo, Inc. is engaged in providing cloud marketing solutions platform for the organizations ranging from small and medium businesses to largest enterprises, to engage in modern relationship marketing. The company has a market cap of $972.77 million. The Company’s platform provides the execution, management and analytical measurement of online, social, mobile and offline marketing activities and customer interactions in multi-channel business environment. It currently has negative earnings. The Company’s platform offers an integrated suite of applications, which include marketing automation, sales insight, revenue analytics, marketing calendar, real-time personalization and social marketing.

The institutional sentiment increased to 1.46 in 2015 Q4. Its up 0.37, from 1.09 in 2015Q3. The ratio is positive, as 18 funds sold all Marketo Inc shares owned while 34 reduced positions. 18 funds bought stakes while 58 increased positions. They now own 38.82 million shares or 5.75% more from 36.71 million shares in 2015Q3.

Battery Partners Ix Llc holds 5.53% of its portfolio in Marketo Inc for 505,213 shares. Gagnon Advisors Llc owns 195,357 shares or 4.15% of their US portfolio. Moreover, Gagnon Securities Llc has 3.08% invested in the company for 234,569 shares. The New York-based Tcs Capital Management Llc has invested 2.99% in the stock. Falcon Point Capital Llc, a California-based fund reported 411,139 shares.

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