Reservoir Media, Inc. (NASDAQ:RSVR) Analysts Are Pretty Bullish On The Stock After Recent Results

By Yahoo! Finance | Nov 2, 2024 at 10:26 AM EST

Reservoir Media, Inc. (NASDAQ:RSVR) shares dropped after second-quarter results, despite beating revenue forecasts. Analysts predict slower growth for the company compared to industry peers, with reduced EPS estimates. However, the consensus price target was raised, indicating a positive long-term outlook.

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