New York Times price target raised to $68 from $62 at Morgan Stanley

Morgan Stanley analyst Thomas Yeh raised the firm’s price target on New York Times (NYT) to $68 from $62 and keeps an Equal Weight rating on the shares. The Media and Entertainment industry heads into 2026 with “solid fundamental momentum,” says the analyst, who recommends stocks in the group that it believes are insulated from AI disruption, will benefit from demand for premium experiences, or have a differentiated earnings outlook.