B. Riley Securities Maintains Buy on Reservoir Media, Raises Price Target to $12.5
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has maintained a Buy rating on Reservoir Media and raised the price target from $11.5 to $12.5, indicating confidence in the company's future performance.
October 31, 2024 | 5:47 pm
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B. Riley Securities has maintained a Buy rating on Reservoir Media and increased the price target from $11.5 to $12.5, suggesting a positive outlook for the company's stock.
The analyst's decision to maintain a Buy rating and raise the price target indicates confidence in Reservoir Media's future performance. This is likely to positively influence investor sentiment and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100