Benchmark Reiterates Buy on E W Scripps, Maintains $14 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Daniel Kurnos reiterates a Buy rating on E W Scripps (NASDAQ:SSP) and maintains a $14 price target.
May 13, 2024 | 1:23 pm
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Benchmark analyst Daniel Kurnos reaffirmed a Buy rating on E W Scripps, with a price target of $14, indicating a positive outlook on the stock.
Analyst ratings, especially those that reiterate buy positions and maintain price targets, can positively influence investor sentiment and potentially lead to an increase in stock price in the short term. Given that this is a reiteration of a positive stance by a reputable analyst, it could reinforce investor confidence in SSP, supporting or potentially increasing its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100