Gilford Securities Reiterates Entercom Communications Hold

Gilford Securities reiterated its Entercom Communications ETM Hold rating in a research report published today. In the report, Gilford Securities states, "The latest Radio industry rev. growth from our proprietary back-channel checks in 52 markets was a disappointing flat, yr./yr. Anecdotal chatter suggests slightly better Q3E and worsening Q4E due to political comps. Shares of Entercom Communications closed today at $8.38, down 3.68% from Friday's market close.