Gogo (NASDAQ:GOGO) Receives Media Impact Score of 0.02

News coverage about Gogo (NASDAQ:GOGO) has trended somewhat positive on Sunday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Gogo earned a news impact score of 0.02 on Accern’s scale. Accern also gave news articles about the technology company an impact score of 46.9175831513955 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news articles that may have impacted Accern Sentiment’s scoring:

Several research firms have recently issued reports on GOGO. UBS AG reaffirmed a “buy” rating and issued a $15.00 price target (up previously from $14.00) on shares of Gogo in a research report on Friday, May 5th. BidaskClub lowered Gogo from a “buy” rating to a “hold” rating in a research report on Friday. Zacks Investment Research raised Gogo from a “hold” rating to a “buy” rating and set a $14.00 price target for the company in a research report on Wednesday, May 3rd. Dougherty & Co lifted their price target on Gogo from $16.00 to $17.50 and gave the stock a “buy” rating in a research report on Monday, May 1st. Finally, ValuEngine raised Gogo from a “sell” rating to a “hold” rating in a research report on Tuesday, June 6th. One research analyst has rated the stock with a sell rating, three have given a hold rating and five have given a buy rating to the company. Gogo currently has an average rating of “Hold” and a consensus target price of $15.50.

Shares of Gogo (NASDAQ:GOGO) opened at 12.56 on Friday. The company’s market capitalization is $1.09 billion. Gogo has a 12-month low of $8.56 and a 12-month high of $13.69. The company has a 50-day moving average price of $12.00 and a 200 day moving average price of $11.50.

Gogo (NASDAQ:GOGO) last issued its quarterly earnings data on Monday, August 7th. The technology company reported ($0.56) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.49) by $0.07. The company had revenue of $172.80 million during the quarter, compared to analysts’ expectations of $167.63 million. Gogo’s revenue was up 17.2% compared to the same quarter last year. During the same period in the prior year, the business earned ($0.31) EPS. On average, equities analysts anticipate that Gogo will post ($2.02) earnings per share for the current fiscal year.

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About Gogo

Gogo Inc is a holding company. The Company is a provider of in-flight broadband connectivity and connectivity-enabled services to commercial and business aviation. The Company operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-ROW) and Business Aviation (BA).

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