CUMULUS MEDIA (CMLS) Downgraded by Zacks to OUTPERFORM

Zacks Zacks Investment Research downgraded shares of CUMULUS MEDIA (CMLS) from N/A to OUTPERFORM on January 02, 2013, with a target price of $2.80.

Cumulus Media, Inc. is a radio broadcasting company focused on acquiring, operating and developing radio stations in mid-size radio markets in the United States. They provide sales and marketing services under local marketing, management and consulting agreements.

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