Evercore ISI Group Maintains Outperform on New York Times, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Vijay Jayant maintains an Outperform rating on New York Times (NYSE:NYT) and raises the price target from $50 to $53.
May 09, 2024 | 4:33 pm
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Evercore ISI Group analyst Vijay Jayant maintains an Outperform rating on New York Times and raises the price target from $50 to $53.
The increase in the price target by a reputable analyst suggests a positive outlook on the company's future performance. This endorsement is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100