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Craig-Hallum Keeps Their Buy Rating on Creative Realities (CREX)

Tipranks - Wed May 20, 7:40AM CDT

Craig-Hallum analyst Jason Kreyer maintained a Buy rating on Creative Realities yesterday. The company’s shares closed yesterday at $3.57.

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Kreyer covers the Communication Services sector, focusing on stocks such as Magnite, Stagwell, and Perion Network. According to TipRanks, Kreyer has an average return of 5.0% and a 40.93% success rate on recommended stocks.

Creative Realities has an analyst consensus of Moderate Buy, with a price target consensus of $9.00, implying a 152.10% upside from current levels. In a report released on May 15, Alliance Global Partners also reiterated a Buy rating on the stock with a $9.00 price target.

Based on Creative Realities’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $16.35 million and a GAAP net loss of $7.46 million. In comparison, last year the company earned a revenue of $9.73 million and had a net profit of $3.37 million

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