Westpark Capital restated their buy rating on shares of Genius Brands (NASDAQ:GNUS) in a research note issued to investors on Wednesday morning. Westpark Capital currently has a $7.00 price objective on the stock.
“We are optimistic on the future prospects of Genius Brands, thus we keep our Outperform Rating and $7 PT.”,” the firm’s analyst commented.
Separately, Zacks Investment Research raised shares of Genius Brands from a hold rating to a buy rating and set a $3.00 target price on the stock in a research report on Wednesday, January 3rd.
A hedge fund recently bought a new stake in Genius Brands stock. Anson Funds Management LP purchased a new stake in shares of Genius Brands (NASDAQ:GNUS) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 467,084 shares of the company’s stock, valued at approximately $1,270,000. Genius Brands makes up approximately 0.9% of Anson Funds Management LP’s holdings, making the stock its 20th largest holding. Anson Funds Management LP owned about 5.70% of Genius Brands at the end of the most recent reporting period. 17.32% of the stock is currently owned by hedge funds and other institutional investors.
About Genius Brands
Genius Brands International, Inc, a content and brand management company, creates and licenses animated multimedia content for toddlers to tweens worldwide. The company offers Thomas Edison's Secret Lab, a STEM-based comedy adventure series; Baby Genius, a catalogue of songs, music videos, and toys, which feature classic nursery rhymes, learning songs, classical music, holiday favorites, and others for toddlers; and Warren Buffet's Secret Millionaire's Club, an animated series for kids.
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