Dawson James Starts Genius Brands (GNUS) at Buy

Dawson James analyst James McILree initiates coverage on Genius Brands (NASDAQ: GNUS) with a Buy rating and a price target of $5.00.

The analyst commented, "With the pending acquisition of Wow Unlimited and the investment in Your Family Entertainment, Genius has created a global children’s entertainment enterprise with significant potential for revenue growth and margin improvement. We believe the company’s library is a valuable asset that can be leveraged across its global distribution network. We expect the company’s revenue and EBITDA growth will result in margin and multiple expansion. We initiate coverage with a Buy recommendation and $5 price target."

For an analyst ratings summary and ratings history on Genius Brands click here. For more ratings news on Genius Brands click here.

Shares of Genius Brands closed at $1.14 yesterday.

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