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B. Riley Raises Target on Coinstar from $80 to $100, Implies Upside of ~78%

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B. Riley maintains Coinstar, Inc. (NASDAQ: CSTR) with a Buy and raises the price target from $80.00 to $100.00.

The firm believes Coinstar's management at the firm's Media & Entertainment conference provided "one of the more compelling" growth stories. B. Riley cited easy comps, an expecting boosted kiosk capacity and salesforce implementation.

With shares of Coinstar up more than 2 percent to around $56.17 at last check, B. Riley's new price target represents potential upside of about 78 percent.

Latest Ratings for CSTR

Oct 2016Sandler O'NeillInitiates Coverage OnHold
Oct 2016Raymond JamesInitiates Coverage OnOutperform
Oct 2016Keefe Bruyette & WoodsInitiates Coverage OnMarket Perform

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