Barrington Research Reiterates Outperform on Cumulus Media, Maintains $8 Price Target
Portfolio Pulse from richadhand@benzinga.com
Barrington Research analyst James Goss has reiterated an 'Outperform' rating on Cumulus Media (NASDAQ:CMLS) and maintained a price target of $8.

July 31, 2023 | 8:26 am
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Barrington Research has reiterated an 'Outperform' rating on Cumulus Media and maintained a price target of $8.
The reiteration of an 'Outperform' rating by Barrington Research indicates a positive outlook for Cumulus Media. The maintained price target of $8 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100