Citigroup Maintains Neutral on Clear Channel Outdoor, Lowers Price Target to $1.4
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Jason Bazinet has maintained a Neutral rating on Clear Channel Outdoor (NYSE:CCO) and lowered the price target from $1.5 to $1.4.
August 29, 2023 | 4:39 pm
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NEGATIVE IMPACT
Citigroup has maintained a Neutral rating on Clear Channel Outdoor and lowered the price target from $1.5 to $1.4.
The lowering of the price target by Citigroup indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Clear Channel Outdoor's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100