TD Cowen analyst Lance Vitanza lowered the firm’s price target on Boston Omaha (BOC) to $25 from $28 and keeps a Buy rating on the shares after the company delivered what the firm calls “another strong quarter, with broad-based revenue growth across all segments.” While the firm is increasing its FY25 revenue estimates, it has moderated EBITDA expectations as it expects the company to invest in growth, the analyst tells investors.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BOC: