Citi raised the firm’s price target on Clear Channel Outdoor (CCO) to $1.35 from $1.25 and keeps a Neutral rating on the shares following the investor day. The firm upped its 2026 EBITDA estimate by 4% following Clear Channel’s long-term targets.
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Read More on CCO:
- Cautious Hold Rating for Clear Channel Outdoor Amid Strategic Improvements and Leverage Concerns
- Clear Channel Outdoor price target raised to $1.75 from $1.50 at Morgan Stanley
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- Hold Rating for Clear Channel Outdoor Amid Growth Prospects and Financial Risks
- Clear Channel Outdoor Unveils 2028 Growth Strategy
