Guggenheim Maintains Neutral on New York Times, Raises Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Guggenheim analyst Curry Baker maintains a Neutral rating on New York Times (NYSE:NYT) and raises the price target from $37 to $43.
August 10, 2023 | 5:08 pm
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NEUTRAL IMPACT
Guggenheim maintains a Neutral rating on New York Times and raises the price target from $37 to $43.
The news is directly about New York Times. Guggenheim's decision to maintain a Neutral rating indicates that they do not expect significant changes in the stock's performance. However, the increase in the price target from $37 to $43 suggests that they see potential for growth in the stock's value. This could have a positive impact on investor sentiment, but the Neutral rating suggests that the impact may not be immediate or significant.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100