B.Riley FBR analyst Sameet Sinha maintained a Hold rating on AutoWeb Inc (NASDAQ: AUTO) today and set a price target of $4. The company’s shares opened today at $3.60, close to its 52-week low of $2.88.
According to TipRanks.com, Sinha is a 4-star analyst with an average return of 5.5% and a 53.2% success rate. Sinha covers the Technology sector, focusing on stocks such as Digital Turbine Inc, Limelight Networks, and Brightcove Inc.
Currently, the analyst consensus on AutoWeb Inc is Hold and the average price target is $4.90, representing a 36.1% upside.
In a report released today, Lake Street also downgraded the stock to Hold.
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The company has a one-year high of $14.30 and a one-year low of $2.88. Currently, AutoWeb Inc has an average volume of 106.6K.
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AutoWeb, Inc. provides high quality consumer leads and associated marketing services to automotive dealers and manufacturers throughout the United States. It also provides consumers with robust and original online automotive content to help them make informed car-buying decisions.
