B. Riley Raises Target on Coinstar from $80 to $100, Implies Upside of ~78%
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
Date | Firm | Action | From | To |
---|---|---|---|---|
Jul 2020 | SunTrust Robinson Humphrey | Maintains | Hold | |
May 2020 | SunTrust Robinson Humphrey | Maintains | Hold | |
Apr 2020 | Raymond James | Maintains | Outperform |
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