UPDATE: DA Davidson Starts CuriosityStream Inc. (CURI) at Buy

April 9, 2021 7:03 AM EDT
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Price: $12.28 -11.65%

Rating Summary:
    6 Buy, 2 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 27 | Down: 11 | New: 9
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(Updated - April 9, 2021 8:16 AM EDT)

DA Davidson analyst Tom Forte initiates coverage on CuriosityStream Inc. (NASDAQ: CURI) with a Buy rating and a price target of $26.00.

The analyst commented, "We are initiating on shares of CuriosityStream with a BUY rating. We believe the company will be able to generate a large global subscriber base, over time, with its fact-based premium video content that aims to both inform and inspire consumers. We expect it to generate meaningful revenue growth and profitable margins from, at the minimum, its subscription revenue and, at the maximum, from sponsorships, advertising, and merchandise sales."

For an analyst ratings summary and ratings history on CuriosityStream Inc. click here. For more ratings news on CuriosityStream Inc. click here.

Shares of CuriosityStream Inc. closed at $13.25 yesterday.

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D.A. Davidson, Tom Forte