Zacks Investment Research Upgrades Social Reality Inc (SRAX) to “Buy”
Social Reality Inc (NASDAQ:SRAX) was upgraded by Zacks Investment Research from a “sell” rating to a “buy” rating in a report issued on Wednesday. The brokerage currently has a $6.75 target price on the stock.
According to Zacks, “Social Reality, Inc. is an internet advertising company. It provides automated digital platform technology and social management software for internet advertising. The Company’s business platform consists of Social Reality Ad Exchange, GroupAd, SRAX MD, SRAX DI and Steel Media. It provides a platform which allows website publishers to sell their media inventory to digital adverting buyers. Social Reality, Inc. is headquartered in Los Angeles, California. “
Social Reality (NASDAQ:SRAX) opened at 6.10 on Wednesday. The stock’s 50 day moving average price is $6.39 and its 200-day moving average price is $7.20. Social Reality has a 52-week low of $5.05 and a 52-week high of $9.90.
Social Reality Company Profile
Social Reality, Inc is an Internet advertising and platform technology company. The Company provides tools to automate the digital advertising market. It is engaged in the sales of digital media advertising campaigns to advertising agencies and brands; sales of media inventory through real-time bidding (RTB) exchanges; sale and licensing of its SRAX Social platform and related media, and creation of custom platforms for buying media on SRAX for various brands.
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