Sinclair price target raised to $30 from $27 at Benchmark

Benchmark raised the firm’s price target on Sinclair (SBGI) to $30 from $27 and keeps a Buy rating on the shares after what the firm calls “a solid finish to the year.” The analyst added that “any time the stock has been in the $12-$13 range, it has been a reasonable own, and with the full-year guide now behind them, it would likely take a change to the economic environment to start seeing any real pressure on the bottom line.”