Hold Rating on New York Times Amidst Growth and Cost Structure Concerns - News Summed Up

Hold Rating on New York Times Amidst Growth and Cost Structure Concerns


Barclays analyst Kannan Venkateshwar maintained a Hold rating on New York Times (NYT – Research Report) today and set a price target of $45.00. Kannan Venkateshwar has given his Hold rating due to a combination of factors surrounding the New York Times’s financial performance and market standing. The New York Times has also provided guidance for future revenue growth that exceeds initial estimates, indicating a strong operational stance. New York Times (NYT) Company Description:The New York Times Co. is a media organization, which engages in creating, collecting, and distributing news and information. It includes newspapers, print, and digital products and investments and operates through The New York Times, NYTimes.com, and mobile applications.


Source: New York Times August 08, 2024 21:12 UTC



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