Craig-Hallum Maintains Buy Rating for Chicken Soup for the Soul: Here's What You Need To Know

Craig-Hallum has decided to maintain its Buy rating of Chicken Soup for the Soul CSSE and lower its price target from $14.00 to $8.00.

Shares of Chicken Soup for the Soul are trading down 7.61% over the last 24 hours, at $1.70 per share.

A move to $8.00 would account for a 370.59% increase from the current share price.

About Chicken Soup for the Soul

Chicken Soup for the Soul Entertainment Inc operates streaming video-on-demand networks. The company owns Crackle Plus, which owns and operates a variety of ad-supported and subscription-based VOD networks including Crackle, Chicken Soup for the Soul, Popcornflix, Popcornflix Kids, Truli, Pivotshare, Espanolflix and FrightPix. The company also acquires and distributes video content through its Screen Media subsidiary and produces original video content through the Chicken Soup for the Soul Television Group. The company is a subsidiary of Chicken Soup for the Soul, LLC, which publishes the famous book series and produces super-premium pet food under the Chicken Soup for the Soul brand name.

About Analyst Ratings

Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.

Some analysts will also offer forecasts for metrics like growth estimates, earnings, and revenue to provide further guidance on stocks. Investors who use analyst ratings should note that this specialized advice comes from humans and may be subject to error.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along with analyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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