News headlines about Synchronoss Technologies (NASDAQ:SNCR) have trended somewhat positive on Wednesday, Accern reports. The research firm rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Synchronoss Technologies earned a news sentiment score of 0.17 on Accern’s scale. Accern also assigned media stories about the software maker an impact score of 43.9069933591713 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Accern’s scoring:
A number of equities analysts have recently issued reports on SNCR shares. Zacks Investment Research upgraded shares of Synchronoss Technologies from a “hold” rating to a “buy” rating and set a $11.00 target price on the stock in a research report on Wednesday, March 21st. BidaskClub upgraded shares of Synchronoss Technologies from a “sell” rating to a “hold” rating in a research report on Thursday, April 19th. Three equities research analysts have rated the stock with a sell rating and five have issued a hold rating to the stock. Synchronoss Technologies has a consensus rating of “Hold” and an average price target of $11.00.
NASDAQ SNCR traded up $0.20 during trading hours on Wednesday, hitting $6.06. The company’s stock had a trading volume of 292,828 shares, compared to its average volume of 1,189,406. Synchronoss Technologies has a twelve month low of $5.70 and a twelve month high of $17.40.
Synchronoss Technologies Company Profile
Synchronoss Technologies, Inc provides cloud solutions and software-based activation for connected devices worldwide. The company's products and services include cloud-based sync, backup, storage and content engagement capabilities, broadband connectivity solutions, analytics, white label messaging, and identity/access management that enable communications service providers, cable operators/multi-services operators, original equipment manufacturers with embedded connectivity, and multi-channel retailers, as well as other customers to accelerate and monetize value-add services for secure and broadband networks and connected devices.
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