JP Morgan Maintains Overweight on New York Times, Raises Price Target to $46
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst David Karnovsky maintains an Overweight rating on New York Times (NYSE:NYT) and raises the price target from $41 to $46.
August 09, 2023 | 4:36 pm
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POSITIVE IMPACT
JP Morgan maintains an Overweight rating on New York Times and raises the price target from $41 to $46, indicating a positive outlook for the company.
The raised price target by JP Morgan indicates a positive outlook for New York Times. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100