Barrington Research Starts Active Network (ACTV) at Outperform; Foremost Provider of SaaS Event/Organization Management
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Price: $33.14 --0%
Rating Summary:
5 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
Rating Summary:
5 Buy, 5 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 13 | Down: 14 | New: 11
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Barrington Research initiates coverage on Active Network (NYSE: ACTV) with a Outperform. PT $17.00.
Analyst, J effrey L. Houston, said, "Active enjoys first mover advantage, critical mass, and sticky communities in many of its verticals. Furthermore, there is significant opportunity to leverage its platform, expand internationally, and consolidate various sectors. Given the aforementioned factors, an attractive valuation, and moderate take-out potential we are initiating coverage with an OUTPERFORM."
For an analyst ratings summary and ratings history on Active Network click here. For more ratings news on Active Network click here.
Shares of Active Network closed at $13.80 yesterday.
Analyst, J effrey L. Houston, said, "Active enjoys first mover advantage, critical mass, and sticky communities in many of its verticals. Furthermore, there is significant opportunity to leverage its platform, expand internationally, and consolidate various sectors. Given the aforementioned factors, an attractive valuation, and moderate take-out potential we are initiating coverage with an OUTPERFORM."
For an analyst ratings summary and ratings history on Active Network click here. For more ratings news on Active Network click here.
Shares of Active Network closed at $13.80 yesterday.
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