RetailMeNot (NASDAQ:SALE) Receiving Somewhat Favorable News Coverage, Study Shows

Media headlines about RetailMeNot (NASDAQ:SALE) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. RetailMeNot earned a coverage optimism score of 0.09 on Accern’s scale. Accern also assigned news stories about the technology company an impact score of 46.1711246967644 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

RetailMeNot (NASDAQ SALE) opened at 11.575 on Friday. The company has a 50-day moving average of $11.02 and a 200 day moving average of $9.51. RetailMeNot has a one year low of $6.83 and a one year high of $12.93.

Several equities analysts have recently issued reports on the stock. Loop Capital restated a “market perform” rating and set a $11.50 price objective on shares of RetailMeNot in a report on Friday, April 14th. Royal Bank Of Canada restated a “hold” rating and set a $11.60 price objective on shares of RetailMeNot in a report on Friday, May 19th. Three research analysts have rated the stock with a sell rating and six have given a hold rating to the stock. The stock currently has an average rating of “Hold” and a consensus target price of $10.30.

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About RetailMeNot

RetailMeNot Inc operates a savings destination connecting consumers with retailers, restaurants and brands, both online and in-store. The Company operates through two segments: Core and Gift Card. The Core segment consists of all other products and services that are related to its marketplace for digital offers.

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