Telsey Advisory Initiates Rentrak With Outperform

Analysts at Telsey Advisory initiated coverage on Rentrak Corporation (NASDAQ: RENT) with a Outperform rating.

The target price for Rentrak is set to $70.

Rentrak shares have dropped 11.02% over the past 52 weeks, while the S&P 500 index has surged 11.20% in the same period.

Rentrak's shares fell 1.86% to close at $50.24 yesterday.