In a report issued on April 3, Marvin Fong from BTIG maintained a Buy rating on Redbox Entertainment (RDBX – Research Report), with a price target of $5.00. The company's shares closed last Monday at $2.26, close to its 52-week low of $1.61. According to TipRanks.com, Fong is a 2-star analyst with an average return of 1.5% and a 37.7% success rate. Fong covers the Technology sector, focusing on stocks such as Farfetch, CarGurus, and Aterian. Currently, the analyst consensus on Redbox Entertainment is a Strong Buy with an average price target of $7.00, implying a 219.6% upside from current levels. In a report issued on March 30, B.
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Redbox Entertainment (NASDAQ:RDBX)
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