Entercom +10.5% as Guggenheim starts at Buy

|About: Entercom Communications Co... (ETM)|By:, SA News Editor

Entercom Communications (NYSE:ETM) is up 10.5% and recouping much of the past month's losses after an initiation at Buy by Guggenheim.

Analyst Curry Baker has set a price target of $8.50, implying 19% further upside after today's gains.

Shares have slipped 12.9% over the past month, and are down 40% YTD.

The company reports earnings before the open on Nov. 6.

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