Outfront Media price target raised to $30 from $28 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Outfront Media (OUT) to $30 from $28 and keeps an Overweight rating on the shares. Results came in broadly in line with prior estimates and double-digit AFFO growth guidance for FY26 was consistent with prior expectations, says the analyst, who sees cyclical tailwinds plus high incremental margin transit revenue driving upside to estimates.