News headlines about Nuveen Premium Income Municipal Fund (NYSE:NPI) have been trending positive this week, according to Accern Sentiment. Accern identifies negative and positive media coverage by analyzing more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Nuveen Premium Income Municipal Fund earned a coverage optimism score of 0.29 on Accern’s scale. Accern also gave headlines about the financial services provider an impact score of 47.9980902253328 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
Nuveen Premium Income Municipal Fund (NPI) remained flat at $$15.02 during midday trading on Wednesday. Nuveen Premium Income Municipal Fund has a twelve month low of $13.05 and a twelve month high of $15.63.
Separately, Canaccord Genuity reissued a “buy” rating and issued a $28.00 target price on shares of Nuveen Premium Income Municipal Fund in a research note on Thursday, November 9th.
Nuveen Premium Income Municipal Fund Company Profile
Nuveen Premium Income Municipal Fund, Inc (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is to provide current income exempt from regular federal income tax by investing primarily in a portfolio of municipal obligations issued by state and local government authorities or certain territories of the United States.