Stephens Starts Allied Esports Entertainment (AESE) at Overweight

December 17, 2019 4:31 PM EST
Get Alerts AESE Hot Sheet
Price: $2.31 +1.76%

Rating Summary:
    2 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 11 | Down: 5 | New: 41
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Stephens analyst Jeff Cohen initiates coverage on Allied Esports Entertainment (NASDAQ: AESE) with an Overweight rating and a price target of $5.00.

The analyst commented, "Allied Esports is well positioned to capitalize on the rapidly growing demand for in-person esports content with their iconic HyperX Arena on the Las Vegas strip, complemented by mobile arenas that serve to test new markets and expand the AESE ecosystem."

For an analyst ratings summary and ratings history on Allied Esports Entertainment click here. For more ratings news on Allied Esports Entertainment click here.

Shares of Allied Esports Entertainment closed at $2.81 yesterday.

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