Maxim Group Maintains Their Buy Rating on Livexlive Media Inc (LIVX)


Maxim Group analyst Jack Vander Aarde maintained a Buy rating on Livexlive Media Inc (LIVX) yesterday and set a price target of $5.00. The company’s shares closed last Monday at $1.51, close to its 52-week low of $1.50.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Livexlive Media Inc with a $5.70 average price target.

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The company has a one-year high of $3.05 and a one-year low of $1.50. Currently, Livexlive Media Inc has an average volume of 121.8K.

Based on the recent corporate insider activity of 42 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 LIVX in relation to earlier this year.

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LiveXLive Media, Inc. engages in the acquisition, distribution and monetization of live music, Internet radio, and music-related streaming and video content. It provides music fans the ability to watch, listen, experience, discuss, deliberate, and enjoy live music and entertainment.

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