SFX Entertainment (SFXE) Reports Q2 Loss Per Share of 52c
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Albert Fried & Company Upgrades SFX Entertainment (SFXE) to Overweight
August 11, 2015 9:25 AM EDTAlbert Fried & Company upgraded SFX Entertainment (NASDAQ: SFXE) from Market Perform to Overweight with a price target of $5. Analyst Rich Tullo noted upside to CEO Bob Sillerman's bid and strong Q2 revenue.
"We think SFXEs management and board of directors should be embarrassed for letting the share price decline and not pre-announce results at the conclusion of the go shop period," said Tullo. "We think opaque transparency contributed to the SFXE... More
