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Canaccord sees huge upside for MoviePass business [Seeking Alpha]

HELIOS & MATHESON ANALYTICS (HMNY)  More Company Research Source: Seeking Alpha
US:NASDAQ Investor Relations: en.wikipedia.org/wiki/helios
PDF Canaccord sees huge upside for MoviePass businessKeep an eye on Helios and Matheson Analytics (NASDAQ:HMNY) after a Canadian investment firm pushed out a positive note on the company today.Canaccord Genuity initiates Helios with a Buy rating due to the impressive scale the company has with its 2M MoviePass subscribers in tow.With an eye on revenue potential, the Canaccord team says Helios is an "attractive promotional target" for movie studios that want to spend on new marketing channels.Canaccord sets a price target of $10 on Helios.Sources: CNBC, BloombergHMNY+9.33% premarket to $4.92.Click to subscribe to real-time analytics on HMNYNow read:Helios And Matheson - Much Worse Than I Expected (And I'm Short) » [Read more]

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