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Fly News Breaks for April 1, 2019
SCOR
Apr 1, 2019 | 07:04 EDT
Loop Capital analyst Alan Gould downgraded comScore to Hold from Buy and lowered his price target to $22 from $32 after CEO Barry Wiener resigned yesterday, marking the third CEO to leave the company in the past few years. In a research note to investors, Gould says his investment thesis remains "intact," and is not anticipating a change in strategy, but believes the company's board is seeking faster revenue and profit growth, and that another management change will likely lead to more uncertainty with customers, employees and investors.
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