-
Clear Channel Outdoor Confirms Sale Of Assets To Lamar Marketing, Notes It Received A 'Very Attractive Offer'
Thursday, January 7, 2016 - 2:39pm | 215Read More...Clear Channel Outdoor Holdings, Inc. (NYSE: CCO), an outdoor advertising company, confirmed on Thursday two transactions involving the sale of five non-strategic outdoor markets to Lamar Advertising Co (NASDAQ: LAMR) for an aggregate amount of $458.5 million. The first transaction involves the...
-
TGIF As Markets Rally; S&P 500 Posts Longest Weekly Loss Streak Since 2011
Friday, October 17, 2014 - 4:43pm | 2830Read More...U.S. stocks rallied on Friday following positive earnings reports from several large-cap multinationals this morning on a relatively light day of market moving news. The Dow traded higher by more than 300 points before giving back some of the gains. The S&P 500 rallied but still posted its...
-
Seagate, PF Chang's and Other Top Nasdaq Stocks in February
Thursday, March 1, 2012 - 7:34am | 1005Read More...Here's a quick look at some of the top performing Nasdaq stocks in February. These stocks all have a market cap of more than $500 million and they all pay a dividend. Aixtron (NASDAQ: AIXG) is up about 29% year to date, including a 19% rise in the past month. This $1.7 billion market cap machinery...
-
Benchmark Predicts Steady Revenue Growth For Lamar Advertising
Tuesday, June 7, 2011 - 8:38am | 77Read More...According to Benchmark, Lamar Advertising (NASDAQ: LAMR) should see steady mid-single digit revenue growth in 2011 barring a double-dip in the US economy. Benchmark said that it believes outdoor advertising trends and pacings are holding up despite some moderation in US economic activity. “2Q11...
-
Benchmark Lowers PT On Lamar Advertising To $33
Tuesday, June 7, 2011 - 7:13am | 29Read More...The Benchmark Company has lowered the price target on Lamar Advertising Company (NASDAQ: LAMR) from $39 to $33 and maintains its Buy rating.
-
Piper Jaffray Maintains Underweight on Lamar Advertising (LAMR)
Tuesday, April 26, 2011 - 7:39am | 111Read More...Piper Jaffray is out with its report today on Lamar Advertising (NASDAQ: LAMR), maintaining Underweight. In a note to clients, Piper Jaffray writes, "Our Underweight rating has been predicated on the belief that a modest ad recovery would not be enough to offset higher operating expenses after...
-
Benchmark Upgrades Lamar Advertising To Buy, PT At $40
Wednesday, April 20, 2011 - 6:00am | 25Read More...Benchmark has upgraded Lamar Advertising Company (NASDAQ: LAMR) from Hold to Buy and maintains its $40 price target.
-
Citi Maintains Sell on Lamar Advertising (LAMR)
Thursday, April 14, 2011 - 7:49am | 83Read More...Citi is out with its report today on Lamar Advertising (NASDAQ: LAMR), maintaining Sell. In a note to clients, Citi writes, "Based on historic valuation metrics, Lamar seems inexpensive. However, the underlying growth rate is slowing. EBITDA is inflated based on depressed costs. Free cash flow is...
-
Morgan Stanley Maintains Lamar Advertising Rating
Monday, November 8, 2010 - 10:35am | 77Read More...In a report released this morning, Morgan Stanley said that it remains Equal-weight on shares of Lamar Advertising (NASDAQ: LAMR). “Our $38 YE11 target implies 11x fwd EBITDA, roughly in-line with current levels and the historic premium relative to Media peers,” Morgan Stanley writes. “We remain...
