Media headlines about Silver Spring Networks (NYSE:SSNI) have trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Silver Spring Networks earned a daily sentiment score of 0.24 on Accern’s scale. Accern also gave media stories about the technology company an impact score of 46.2889115891619 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company’s share price in the near term.
Silver Spring Networks (NYSE:SSNI) opened at $16.26 on Friday. The company has a market capitalization of $880.35, a price-to-earnings ratio of -19.59 and a beta of 1.60. Silver Spring Networks has a twelve month low of $9.68 and a twelve month high of $16.26.
SSNI has been the topic of a number of recent research reports. Zacks Investment Research raised Silver Spring Networks from a “hold” rating to a “buy” rating and set a $18.00 price objective on the stock in a research report on Tuesday, January 2nd. Guggenheim reaffirmed a “hold” rating on shares of Silver Spring Networks in a research report on Friday, January 12th. Finally, B. Riley set a $16.00 price objective on Silver Spring Networks and gave the stock a “hold” rating in a research report on Thursday, January 4th. One equities research analyst has rated the stock with a sell rating, ten have issued a hold rating and three have assigned a buy rating to the stock. Silver Spring Networks has a consensus rating of “Hold” and an average price target of $15.05.
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Silver Spring Networks Company Profile
Silver Spring Networks, Inc is engaged in creating, building and deploying large-scale networks and solutions enabling the Internet of things (IoT) for critical infrastructure. The Company provides a networking platform and solutions that enable utilities to transform the power grid infrastructure into the smart grid.
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