Fluent Inc (FLNT) Gets a Buy Rating from Barrington

By Austin Angelo

In a report released today, James Goss from Barrington maintained a Buy rating on Fluent Inc (FLNTResearch Report), with a price target of $8. The company’s shares closed yesterday at $5.90, close to its 52-week high of $5.95.

Goss observed:

“We have adjusted our estimate to remain within the guidance range. The company’s U.K. operations are still in the early stages, and growing well, though the primary focus remains the U.S. business. Margin expansion is expected in 2020.”

According to TipRanks.com, Goss is a 5-star analyst with an average return of 12.9% and a 63.3% success rate. Goss covers the Services sector, focusing on stocks such as Lions Gate Ent Corp Cl A, Nexstar Media Group Inc, and Sirius XM Holdings Inc.

Currently, the analyst consensus on Fluent Inc is a Moderate Buy with an average price target of $6.75.

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The company has a one-year high of $5.95 and a one-year low of $1.95. Currently, Fluent Inc has an average volume of 283.1K.

Based on the recent corporate insider activity of 35 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FLNT in relation to earlier this year.

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.

Fluent, Inc. provides scalable, data-driven performance marketing and customer acquisition services. It creates marketing programs. The company was founded in 2005 and is headquartered in New York, NY.