These Analysts Lower Their Forecasts On Chicken Soup For The Soul Entertainment After Q2 Results
Portfolio Pulse from Lisa Levin
Chicken Soup for the Soul Entertainment, Inc. (NASDAQ:CSSE) reported lower than expected Q2 revenue, leading to a 45.5% dip in share price. Following the announcement, analysts from Needham, Benchmark, Alliance Global Partners, and Craig-Hallum revised their price targets and ratings for the company.
August 15, 2023 | 6:18 pm
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Chicken Soup for the Soul Entertainment's lower than expected Q2 revenue and subsequent share price drop has led to analysts revising their price targets and ratings for the company.
The company's lower than expected Q2 revenue has led to a significant drop in share price. This has caused analysts to revise their price targets and ratings, indicating a negative short-term impact on the company's stock.
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