Morgan Stanley Maintains Equal-Weight on Lamar Advertising, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benjamin Swinburne has maintained an Equal-Weight rating on Lamar Advertising (NASDAQ:LAMR) but lowered the price target from $108 to $100.
August 07, 2023 | 3:40 pm
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Morgan Stanley has maintained an Equal-Weight rating on Lamar Advertising but lowered the price target from $108 to $100.
The lowering of the price target by Morgan Stanley indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Lamar Advertising's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100