Guggenheim Securities Initiates Hemisphere Media Group With Buy

Analysts at Guggenheim Securities initiated coverage on Hemisphere Media Group Inc HMTV with a Buy rating. The target price for Hemisphere Media Group is set to $16. Hemisphere Media Group shares have gained 7.39 percent over the past 52 weeks, while the S&P 500 index has surged 10.46 percent in the same period. Hemisphere Media Group's shares fell 0.97 percent to close at $12.20 yesterday.