New York Times price target raised to $69 from $60 at Evercore ISI

Evercore ISI raised the firm’s price target on New York Times (NYT) to $69 from $60 and keeps an Outperform rating on the shares. The company delivered another strong quarter across both net adds and financials, underscoring the long runway its portfolio offers to drive sustained subscriber and engagement growth alongside improved monetization, the analyst tells investors in a research note. The firm added that revenue forecasts for 2025 and 2026 were raised, reflecting confidence in sustained growth.