TD Cowen raised the firm’s price target on Lamar Advertising (LAMR) to $170 from $150 and keeps a Buy rating on the shares. The firm said Lamar delivered a notably strong 1Q, with strength broad-based across local, national, digital, airports, and political and management tone which was the most positive they have heard since initiating coverage.
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Read More on LAMR:
- Lamar Advertising price target raised to $153 from $128 at JPMorgan
- Lamar Advertising price target raised to $160 from $145 at Morgan Stanley
- Lamar Advertising’s Earnings Call Signals Steady Outperformance
- Lamar Advertising price target raised to $145 from $140 at Morgan Stanley
- Lamar Advertising reports Q1 AFFO $1.72, consensus $1.57