JP Morgan Maintains Neutral on Tegna, Lowers Price Target to $15
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst David Karnovsky maintains a Neutral rating on Tegna (NYSE:TGNA) and lowers the price target from $17 to $15.

March 01, 2024 | 4:02 pm
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JP Morgan analyst David Karnovsky maintains a Neutral rating on Tegna and lowers the price target from $17 to $15.
The adjustment in price target by a major financial institution like JP Morgan, especially when it's a downgrade, can influence investor sentiment. However, since the rating remains Neutral, the immediate impact on the stock price might be limited but could lead to cautious trading behavior among investors.
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