Fly News Breaks for July 10, 2019
Jul 10, 2019 | 08:46 EDT
Needham analyst Laura Martin lowered her price target on comScore to $10 but kept her Buy rating, saying that while the stock price has moved lower after its $20M private placement of common stock announced on June 26th, the equity raise will lower the company's financial stress and reduce its dependence on Starboard. The analyst also believes that comScore is on track to reach a breakeven in free cash flows by the end of 2019.
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