B. Riley Securities Initiates Coverage of Loop Media (LPTV) with Buy Recommendation
Nasdaq 2023-06-10 09:34:37 • 2 mins
Fintel reports that on June 9, 2023, B. Riley Securities initiated coverage of Loop Media (OTC:LPTV) with a Buy recommendation.
Analyst Price Forecast Suggests 111.12% Upside
As of June 2, 2023, the average one-year price target for Loop Media is 6.50. The forecasts range from a low of 4.80 to a high of $8.40. The average price target represents an increase of 111.12% from its latest reported closing price of 3.08.
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The projected annual revenue for Loop Media is 68MM, an increase of 58.40%. The projected annual non-GAAP EPS is -0.32.
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