Wedbush Securities Feels More Upbeat On COMSCORE Following Management Meetings

In a report published Friday, Wedbush Securities analyst Shyam Patil reiterated an Outperform rating and $60.00 price target on

. In the report, Wedbush Securities noted, "We walked away incrementally more positive on comScore following our meetings with management. We believe business trends remain strong with an upward bias to estimates. We are reiterating our OUTPERFORM rating and $60 target. We believe comScore continues to see strong momentum across the business. In our opinion, management was prudent with setting initial expectations for the year and we view estimates as having an upward bias. We believe vCE is the biggest near-term driver, while cross-media is a key intermediate- to long- term driver." COMSCORE closed on Thursday at $50.06.