Even as traditional media company New York Times (NYSE:NYT) is fighting a lawsuit over how its content was used to train OpenAI, it’s now looking to put AI to use in its own operations. The irony was not lost on investors, though, and New York Times stock is down fractionally in Tuesday afternoon’s trading. The New York Times is looking to take a page from Google (NASDAQ:GOOG) (NASDAQ:GOOGL) and use an AI tool to better target its advertising. What Is the Price Target for the New York Times? After a 9.33% rally in its share price over the past year, the average NYT price target of $46.50 per share implies 6.9% upside potential.

Source: New York Times February 21, 2024 06:36 UTC