Wells Fargo lowered the firm’s price target on Lamar Advertising (LAMR) to $124 from $132 and keeps an Equal Weight rating on the shares. The firm notes Q3 results saw weaker core revenue growth on continued headwind from National ads, and Wells now sees risk to 2025 growth.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LAMR: