TheStreet, Inc. (NASDAQ:TST) had its price target raised by equities research analysts at Lake Street Capital from $2.00 to $3.00 in a research note issued to investors on Tuesday. The firm presently has a “buy” rating on the information services provider’s stock. Lake Street Capital’s target price indicates a potential upside of 140.00% from the company’s previous close.

A number of other research firms have also recently weighed in on TST. B. Riley set a $2.00 price objective on shares of TheStreet and gave the company a “buy” rating in a report on Monday. Zacks Investment Research cut shares of TheStreet from a “strong-buy” rating to a “hold” rating in a report on Friday, October 6th. Finally, ValuEngine raised shares of TheStreet from a “sell” rating to a “hold” rating in a report on Tuesday.

TheStreet (NASDAQ:TST) opened at $1.25 on Tuesday. TheStreet has a fifty-two week low of $0.61 and a fifty-two week high of $1.56.

TheStreet (NASDAQ:TST) last issued its earnings results on Monday, November 13th. The information services provider reported $0.01 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.02) by $0.03. TheStreet had a negative net margin of 21.87% and a negative return on equity of 1.30%. During the same quarter in the previous year, the firm earned ($0.03) earnings per share. research analysts anticipate that TheStreet will post -0.01 earnings per share for the current year.

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An institutional investor recently bought a new position in TheStreet stock. Essex Investment Management Co. LLC purchased a new position in shares of TheStreet, Inc. (NASDAQ:TST) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 204,694 shares of the information services provider’s stock, valued at approximately $221,000. Essex Investment Management Co. LLC owned about 0.57% of TheStreet at the end of the most recent quarter. Institutional investors own 46.68% of the company’s stock.

About TheStreet

TheStreet, Inc (TheStreet) is a digital financial media company focused on the financial, and mergers and acquisitions environment. The Company’s collection of digital services provides users, subscribers and advertisers with a range of content and tools through a range of online, social media, tablet and mobile channels.

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