FreeCast (Direct Listing) (NASDAQ:CAST) Coverage Initiated at Maxim Group

Maxim Group initiated coverage on shares of FreeCast (Direct Listing) (NASDAQ:CAST) in a research report issued to clients and investors on Friday, Marketbeat Ratings reports. The brokerage set a “buy” rating and a $6.00 price target on the stock. Maxim Group’s price target would suggest a potential upside of 181.69% from the stock’s previous close.

Separately, Wall Street Zen downgraded FreeCast (Direct Listing) from a “hold” rating to a “sell” rating in a research note on Saturday, April 4th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $6.00.

FreeCast (Direct Listing) Price Performance

CAST stock opened at $2.13 on Friday. FreeCast has a 52-week low of $1.63 and a 52-week high of $33.00.

FreeCast (Direct Listing) (NASDAQ:CAST) last announced its earnings results on Monday, March 30th. The company reported ($0.07) earnings per share for the quarter. The firm had revenue of $0.06 million during the quarter.

About FreeCast (Direct Listing)

FreeCast, Inc is a digital media and streaming-technology company that operates a platform for aggregated video content and content discovery. The company focuses on enabling consumers to find and access free, ad-supported and subscription video across connected TVs, mobile devices and the web through a unified interface. FreeCast’s offering is positioned to address fragmentation in the streaming ecosystem by simplifying discovery and centralizing access to disparate streaming sources.

Its core activities center on content aggregation, distribution and monetization tools for both end users and business partners.