Barclays analyst Kannan Venkateshwar raised the firm’s price target on New York Times (NYT) to $52 from $45 and keeps an Equal Weight rating on the shares following the Q2 report. The firm says management has executed well and opened up new revenue opportunities.
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Read More on NYT:
- Strong Financial Performance and Growth Potential Drive Buy Rating for New York Times
- New York Times price target raised to $70 from $62 at JPMorgan
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- New York Times reports Q2 adjusted EPS 58c, consensus 51c
