TD Cowen Maintains Buy on Clear Channel Outdoor, Lowers Price Target to $2.4
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Lance Vitanza maintains a Buy rating on Clear Channel Outdoor (NYSE:CCO) but lowers the price target from $2.6 to $2.4.
November 01, 2024 | 6:57 pm
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NEUTRAL IMPACT
TD Cowen maintains a Buy rating on Clear Channel Outdoor but lowers the price target from $2.6 to $2.4, indicating a slightly less optimistic outlook.
The maintenance of a Buy rating suggests continued confidence in the stock, but the lowered price target indicates a slightly less optimistic view on its short-term performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100