Fluent Inc (FLNT) Receives a Buy from Barrington


In a report released today, James Goss from Barrington maintained a Buy rating on Fluent Inc (FLNT), with a price target of $5. The company’s shares closed last Monday at $3.09.

Goss wrote:

“We now estimate revenues of $280 million and EBITDA of $38 million.”

According to TipRanks.com, Goss is a 4-star analyst with an average return of 6.7% and a 49.8% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Nexstar Media Group Inc, and Sirius XM Holdings Inc.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Fluent Inc with a $5 average price target.

See today’s analyst top recommended stocks >>

Fluent Inc’s market cap is currently $237.2M and has a P/E ratio of 30.93. The company has a Price to Book ratio of 1.12.

Based on the recent corporate insider activity of 10 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FLNT in relation to earlier this year.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Fluent, Inc. provides scalable, data-driven performance marketing and customer acquisition services. It creates marketing programs. The company was founded in 2005 and is headquartered in New York, NY.

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