B. Riley Securities Maintains Buy on Cumulus Media, Raises Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
B. Riley Securities analyst Daniel Day has maintained a 'Buy' rating on Cumulus Media (NASDAQ:CMLS) and raised the price target from $10 to $11.
July 31, 2023 | 1:51 pm
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B. Riley Securities has maintained a 'Buy' rating on Cumulus Media and raised the price target from $10 to $11.
The 'Buy' rating maintained by B. Riley Securities and the increase in price target from $10 to $11 indicates a positive outlook for Cumulus Media. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100