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Reservoir Media sees 58% surge in trading volume amid mixed analyst ratings and steady earnings.

Market News
22 Mar 2026
Defense World
View Source
Neutral
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Reservoir Media (NASDAQ:RSVR) experienced an unusually high trading volume on Friday, with 148,332 shares traded, a 58% increase from the previous session. The stock price slightly dipped to $9.27 from $9.43. Analysts have mixed views, with recent ratings ranging from hold to downgraded from strong-buy, and the consensus target price stands at $11.50. The company recently reported better-than-expected quarterly earnings, with EPS of $0.03 beating estimates and revenue of $45.57 million surpassing forecasts. Institutional investors have been actively adjusting their holdings, reflecting ongoing interest in the music rights management firm.

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