.jpg "Salem Communications (NASDAQ: SALM)")
There’s a lot to be optimistic about in the Services sector as 1 analysts just weighed in on and Salem Communications (SALM – Research Report) with bullish sentiments.
Salem Communications (SALM)
Spartan Capital Securities analyst Spartan Capital Securities initiated coverage with a Buy rating on Salem Communications on December 22 and set a price target of $6.00. The company’s shares closed last Thursday at $3.15.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Salem Communications with a $5.63 average price target, which is an 82.2% upside from current levels. In a report issued on December 21, Noble Financial also maintained a Buy rating on the stock with a $5.25 price target.
See Insiders’ Hot Stocks on TipRanks >>
TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.
Read More on SALM:
- Analysts’ Top Utilities Picks: TransAlta (TAC)
- Analysts Offer Insights on Conglomerates Companies: and Gibson Energy (GBNXF)
- FDA Grants Emergency Use Authorization to Merck’s COVID-19 Treatment
- Delta & United Airlines Cancel Christmas Eve Flights Amid Omicron Scare
- Alibaba Stock: Downtrend Continues
