iPic Entertainment (IPIC) Earning Somewhat Favorable Press Coverage, Study Shows

Media headlines about iPic Entertainment (NASDAQ:IPIC) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. iPic Entertainment earned a coverage optimism score of 0.21 on Accern’s scale. Accern also gave press coverage about the company an impact score of 43.6236923550599 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

IPIC has been the subject of several research reports. Barrington Research reissued a “buy” rating and set a $15.00 price objective on shares of iPic Entertainment in a report on Friday, March 9th. Roth Capital started coverage on shares of iPic Entertainment in a report on Monday, March 5th. They issued a “buy” rating and a $18.00 price target for the company. Finally, Telsey Advisory Group started coverage on shares of iPic Entertainment in a report on Friday, February 23rd. They issued an “outperform” rating and a $15.50 price target for the company.

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Shares of IPIC stock traded down $0.85 during trading hours on Friday, hitting $12.59. 48,365 shares of the company were exchanged, compared to its average volume of 22,833. iPic Entertainment has a 1 year low of $10.50 and a 1 year high of $17.00.

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About iPic Entertainment

iPic Entertainment Inc is owns and operates entertainment facilities. The Company is focused on providing casual restaurant, a farm to glass service bar, and theater auditoriums. The Company provides venues for private events, family and business functions and other corporate sponsored events. The Company has three different formats of iPic locations, such as Generation I locations, Generation Ii locations, and Generation III locations.

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