Barrington Sticks to Its Buy Rating for Gray Television (GTN)
Barrington analyst Patrick Sholl reiterated a Buy rating on Gray Television today and set a price target of $6.50.
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According to TipRanks, Sholl is a 4-star analyst with an average return of 5.5% and a 44.20% success rate. Sholl covers the Communication Services sector, focusing on stocks such as IMAX, Marcus, and Quinstreet.
Gray Television has an analyst consensus of Moderate Buy, with a price target consensus of $6.00.
Based on Gray Television’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $792 million and a GAAP net loss of $10 million. In comparison, last year the company earned a revenue of $1.05 billion and had a net profit of $169 million
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