EXFO (EXFO) Receives Daily Media Impact Score of 0.16

Media stories about EXFO (NASDAQ:EXFO) (TSE:EXF) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. EXFO earned a media sentiment score of 0.16 on Accern’s scale. Accern also gave headlines about the communications equipment provider an impact score of 46.9182810842394 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.

These are some of the news headlines that may have impacted Accern Sentiment’s scoring:

Several analysts have recently commented on EXFO shares. Northland Securities set a $6.00 price target on shares of EXFO and gave the company a “buy” rating in a research note on Saturday, July 1st. BMO Capital Markets set a $6.00 price objective on shares of EXFO and gave the company a “hold” rating in a research note on Saturday, July 1st. Royal Bank Of Canada reduced their price objective on shares of EXFO from $5.50 to $5.25 and set a “sector perform” rating on the stock in a research note on Friday, June 30th. Zacks Investment Research cut shares of EXFO from a “hold” rating to a “strong sell” rating in a research note on Monday, July 3rd. Finally, TheStreet cut shares of EXFO from a “b” rating to a “c+” rating in a research note on Friday, July 7th. Five analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and an average target price of $5.60.

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About EXFO

EXFO Inc is a Canada-based company, which provides communications service providers (CSPs) and data center, cloud and Web-scale operators with field test, service assurance and analytics solutions to ensure the deployment, maintenance and management of physical, virtual, fixed and mobile networks. It focuses on network infrastructures: fourth generation (4G)/long-term evolution (LTE), wireless backhaul, small cells and distributed antenna systems (DAS), 100G network upgrades and fiber-to-the-home (FTTH)/fiber-to-the-curb (FTTC)/fiber-to-the-node (FTTN) deployments.

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