News coverage about FAT Brands (NASDAQ:FAT) has trended somewhat positive on Thursday, Accern reports. Accern scores the sentiment of press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. FAT Brands earned a news sentiment score of 0.14 on Accern’s scale. Accern also gave news headlines about the company an impact score of 46.0015898265854 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of FAT Brands (FAT) traded down $0.07 during trading on Thursday, hitting $9.94. 5,000 shares of the stock traded hands, compared to its average volume of 31,286. FAT Brands has a 1 year low of $7.52 and a 1 year high of $13.99.
Separately, R. F. Lafferty raised their target price on shares of FAT Brands from $12.50 to $14.40 and gave the stock a “buy” rating in a report on Tuesday, November 21st.
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FAT Brands Company Profile
FAT Brands Inc is a restaurant franchising company. The Company develops, markets, and acquires fast casual restaurant concepts around the world. As of March 26, 2017, the Company operated the Fatburger, Buffalo’s Cafe and Buffalo’s Express restaurant concepts. The Fatburger restaurant provides meals in the burger restaurant segment.
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