Somewhat Positive Media Coverage Somewhat Unlikely to Affect Presidio (NASDAQ:PSDO) Stock Price
News coverage about Presidio (NASDAQ:PSDO) has trended somewhat positive this week, according to Accern Sentiment. Accern ranks the sentiment of news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Presidio earned a coverage optimism score of 0.09 on Accern’s scale. Accern also gave media headlines about the company an impact score of 45.117509057599 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.
A number of research firms recently issued reports on PSDO. Evercore ISI set a $19.00 price target on Presidio and gave the company a “buy” rating in a report on Saturday, May 13th. ValuEngine cut Presidio from a “buy” rating to a “hold” rating in a report on Wednesday, May 17th. Finally, Royal Bank Of Canada cut their price target on Presidio from $19.00 to $18.00 and set an “outperform” rating for the company in a report on Friday, May 12th. Two analysts have rated the stock with a hold rating and seven have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average price target of $18.00.
Presidio Company Profile
Presidio, Inc is a United States-based company, which is an information technology (IT) solutions provider. The Company’s services include strategy and consulting, solutions design and deployment, managed services, asset maintenance and support, financing services, global services and carrier connectivity.
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