B.Riley FBR Keeps a Buy Rating on TheStreet

In a report released yesterday, Kara Anderson from B.Riley FBR reiterated a Buy rating on TheStreet (NASDAQ: TST), with a price target of $2.75. The company’s shares closed yesterday at $2.10, close to its 52-week high of $2.14.

Anderson commented:

“We believe that with the series of events late last year (preferred resolution, renewal of Jim Cramer’s contract, share repurchase authorization, new investor support), along with a positive turning point in fundamentals, that TST shareholders will continue to be rewarded and reiterate our Buy rating.”

Anderson has an average return of 4.4% when recommending TheStreet.

According to TipRanks.com, Anderson is ranked #820 out of 4830 analysts.

Currently, the analyst consensus on TheStreet is Moderate Buy and the average price target is $2.88, representing a 37.1% upside.

In a report released yesterday, Lake Street also reiterated a Buy rating on the stock with a $3 price target.

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The company has a one-year high of $2.14 and a one-year low of $0.75. Currently, TheStreet has an average volume of 193.3K.

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