These analysts are clueless, sheep. How do you rationalize a $4M miss on billings into a change in target market value of $600M (($37-$25)*50M shares outstanding). The truth is they didn't understand the company when they set the target at $37, so why would you give them any credence when the target is $25? And besides, how do you rate a stock that is currently at $19 a Hold when you have a $25 target (a 31% discount) - how many of their Buys are trading at a 31% discount?
Get this straight, web-nonsense sells a subscription service to a database of porn websites! this is not extremely valuable intellectual property. their customers and wall street are figuring this out right now. this stock deserves and 18 p/e at best!!!!!!!!!!