ETM - Entercom +13% as Wells Fargo upgrades to Overweight

Entercom Communications (ETM) is up 13% after a boost to Overweight at Wells Fargo, from Equal Weight. It's hit its highest point in nearly a year (since last Feb. 25). Analyst Steven Cahall has set his price target to $7, implying 85% upside. Wall Street is Bullish on the stock, while Seeking Alpha authors are Neutral. It has a Quant Rating of Neutral.Entercom shares are rebounding today but are still down 28% over the past year; source: Seeking Alpha ETM quote page

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Entercom +13% as Wells Fargo upgrades to Overweight