JPMorgan analyst David Karnovsky raised the firm’s price target on New York Times (NYT) to $74 from $71 and keeps an Overweight rating on the shares post the Q4 report. The company reported accelerated ad growth but with a higher expense outlook, the analyst tells investors in a research note.
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New York Times price target lowered to $77 from $81 at Citi
New York Times price target raised to $63 from $57 at Guggenheim
New York Times reports Q4 adjusted EPS 89c, consensus 88c
New York Times sees Q1 total subscription revenues up 9%-11%