BWS Financial Expects Rentrak Corporation to Come Out of Election in Good Shape

In a report published Tuesday, BWS Financial analyst Hamed Khorsand reiterated a Buy rating and $85.00 price target on

. In the report, BWS Financial noted, “The narrative this midterm election cycle is money.Multiple media outlets are projecting the total spend on the 2014 elections will top $4 billion, with over $1 billion spent on advertising. Ballots will determine the winner of these contested elections, but one company is the winner regardless of the outcome of the votes: Rentrak (RENT).” Rentrak Corporation closed on Tuesday at $74.61.