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Fly News Breaks for October 19, 2015
RENT, SCOR
Oct 19, 2015 | 07:53 EDT
After comScore dropped 14% over the past five trading days, Oppenheimer blames the decline on the company's large secondary offering. The firm thinks that the company will provide more information about its non-cash revenue during its Q3 results conference call, ending concerns about the issue. Oppenheimer expects synergies with Rentrak (RENT) to enable comScore's 2016 results to beat expectations. It keeps a $68 price target and Outperform rating on comScore.
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