Favorable Media Coverage Somewhat Unlikely to Impact BEST (BSTI) Stock Price

Media coverage about BEST (NYSE:BSTI) has trended positive this week, according to Accern Sentiment. Accern identifies positive and negative news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. BEST earned a coverage optimism score of 0.37 on Accern’s scale. Accern also assigned media headlines about the company an impact score of 45.4023700613641 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near future.

A number of research firms recently commented on BSTI. Zacks Investment Research downgraded BEST from a “hold” rating to a “sell” rating in a report on Friday, December 15th. Oppenheimer began coverage on BEST in a report on Tuesday, December 5th. They issued an “outperform” rating and a $13.00 price objective on the stock. Citigroup began coverage on BEST in a report on Tuesday, December 5th. They issued an “outperform” rating and a $13.00 price objective on the stock. JPMorgan Chase & Co. began coverage on BEST in a report on Tuesday, October 17th. They issued an “overweight” rating on the stock. Finally, Deutsche Bank began coverage on BEST in a report on Monday, October 16th. They issued a “buy” rating on the stock. One analyst has rated the stock with a sell rating and eight have issued a buy rating to the stock. BEST currently has an average rating of “Buy” and an average target price of $14.92.

BEST (NYSE BSTI) traded up $0.08 on Tuesday, hitting $9.23. The stock had a trading volume of 500,900 shares, compared to its average volume of 756,033. BEST has a 12 month low of $8.72 and a 12 month high of $13.25.

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BEST Company Profile

BEST Inc is engaged in providing supply chain solutions. The Company offers a cloud based platform, BEST Cloud which is integration of online and offline retail to offer delivery. It provides technology-enabled solutions to its users. The Company’s service offerings include BEST supply chain management, BEST express, BEST freight, BEST store+, BEST global, BEST cargo and BEST Ucargo.

Insider Buying and Selling by Quarter for BEST (NYSE:BSTI)

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