Press coverage about Townsquare Media (NYSE:TSQ) has trended positive on Saturday, according to Accern Sentiment Analysis. Accern ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Townsquare Media earned a daily sentiment score of 0.27 on Accern’s scale. Accern also gave media coverage about the company an impact score of 45.1724287284376 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
These are some of the news headlines that may have effected Accern Sentiment Analysis’s rankings:
- Chrome Ad Crackdown: Google’s Motives and Methods Questioned (cio-today.com)
- Townsquare Media (TSQ) Reports Acquisition of WOUR-FM 96.9 in Utica, NY from Galaxy Communications, LLC (streetinsider.com)
- Google Chrome starts ad crackdown, critics wary (deccanchronicle.com)
- Kate Upton, Tyra Banks and More Models Stun at ‘Sports Illustrated’ Swimsuit Event (click2houston.com)
- Critics wary as Google’s Chrome begins an ad crackdown (mynorthwest.com)
A number of research analysts have weighed in on the stock. Zacks Investment Research raised shares of Townsquare Media from a “sell” rating to a “hold” rating in a research note on Wednesday, January 31st. ValuEngine lowered shares of Townsquare Media from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Stephens lowered shares of Townsquare Media from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, November 8th. Noble Financial reissued a “buy” rating on shares of Townsquare Media in a research report on Friday, November 10th. Finally, Royal Bank of Canada dropped their price target on shares of Townsquare Media from $12.00 to $10.00 and set an “outperform” rating on the stock in a research report on Monday, November 13th. One research analyst has rated the stock with a sell rating, three have given a hold rating and three have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $11.67.
Townsquare Media Company Profile
Townsquare Media, Inc is a media, entertainment and digital marketing solutions company principally focused on small and mid-sized markets across the United States. The Company operates through two segments: Local Advertising and Live Events. The Company’s Local Advertising segment offers broadcast, digital and mobile advertising within its local markets.
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