Thursday, May 23, 2024

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B-school students rate Lamar as “market perform with a 12 month target price of $117.00” (Billboard Insider)

A group of Tulane undergraduate B-school students (picture above) who did a valuation and research report on Lamar. They rate Lamar as market perform with a 12 month target price of $117.00. The group’s investment thesis (see below) notes Lamar’s steady dividends, reduced acquisitions and reduced leverage and points out that Lamar’s revenue performance correlates with consumer spending. […]

billboardinsider.com
Thu, May 23 at 1:50 PM

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