Soleil Securities Upgrades Lamar Advertising (LAMR) to Buy
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Soleil Securities upgrades Lamar Advertising (Nasdaq: LAMR) from Sell to Buy. Price target increased from $24 to $28.
Soleil analyst says, "Upgrade to Buy from Sell reflecting stabilization of top line deterioration. Lowering '09 loss E to ($0.57) from ($0.89) based on 1QR and updated management guidance and '10E to ($0.46) from ($0.61) due to better cost control and margin improvement."
To see more analyst ratings on LAMR Click Here.
Lamar Advertising Company (Lamar Advertising) is an outdoor advertising company in the United States based.
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