Media coverage about Time (NYSE:TIME) has trended somewhat negative on Monday, Accern Sentiment reports. The research firm identifies positive and negative news coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Time earned a daily sentiment score of -0.07 on Accern’s scale. Accern also assigned media coverage about the company an impact score of 43.091808285345 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news headlines that may have effected Accern’s scoring:
- ‘A daft waste of time’: Labour pours scorn on new centrist party (theguardian.com)
- Dozens Suffocate in Syria as Government Is Accused of Chemical Attack (nytimes.com)
- WWE WrestleMania 34 predictions, card, matches, start time, date, preview, location (cbssports.com)
- Trump Attacks Putin by Name for First Time (nymag.com)
- German Van Driver Who Killed 2 Was Well-Known to Police (time.com)
Separately, Zacks Investment Research upgraded shares of Time from a “hold” rating to a “strong-buy” rating and set a $21.00 target price for the company in a research note on Friday, January 5th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $15.20.
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Time Inc is a media and content company. The Company offers a portfolio of news and lifestyle brands across a range of interest areas. The Company’s brands included People, Time, Fortune, Sports Illustrated, InStyle, Real Simple, Southern Living, Entertainment Weekly, Food & Wine, and Travel + Leisure, as well as approximately 50 titles in the United Kingdom.
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