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Guggenheim Sticks to Its Hold Rating for TEGNA (TGNA)

Tipranks - Sat Mar 14, 7:14AM CDT

In a report released yesterday, from Guggenheim maintained a Hold rating on TEGNA. The company’s shares closed yesterday at $20.21.

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In addition to Guggenheim, TEGNA also received a Hold from TipRanks – OpenAI’s OpenAI Broadcasting in a report issued on March 3. However, on the same day, TipRanks – xAI upgraded TEGNA (NYSE: TGNA) to a Buy.

Based on TEGNA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $706.11 million and a net profit of $56.15 million. In comparison, last year the company earned a revenue of $870.53 million and had a net profit of $182.46 million

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