Nuveen Premium Income Municipal Fund (NPI) Earning Favorable News Coverage, Report Shows

Press coverage about Nuveen Premium Income Municipal Fund (NYSE:NPI) has been trending positive recently, Accern Sentiment Analysis reports. The research group scores the sentiment of media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Nuveen Premium Income Municipal Fund earned a media sentiment score of 0.27 on Accern’s scale. Accern also gave news stories about the financial services provider an impact score of 45.6606116056497 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near term.

Separately, Canaccord Genuity restated a “buy” rating and set a $28.00 price objective on shares of Nuveen Premium Income Municipal Fund in a report on Thursday, November 9th.

Nuveen Premium Income Municipal Fund (NPI) opened at $15.02 on Thursday. Nuveen Premium Income Municipal Fund has a fifty-two week low of $13.05 and a fifty-two week high of $15.63.

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About Nuveen Premium Income Municipal Fund

Nuveen Premium Income Municipal Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain territories of the United States.

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