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Fly News Breaks for February 24, 2020
CSSE
Feb 24, 2020 | 20:24 EDT
DA Davidson analyst Tom Forte initiated coverage of Chicken Soup for the Soul with a Buy rating and $26 price target. The analyst believes that the company is well positioned to "exploit" the OTT video consumption trend, operating one of the "premier advertising-based-video-on-demand services, Crackle". Forte is positive on the ability of Chicken Soup for the Soul to offer quality video content with minimal capital outlays.
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