Wedbush Morgan Initiates Coverage on Lamar Advertising (LAMR) with a Hold
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Wedbush Morgan initiates coverage on Lamar Advertising (Nasdaq: LAMR) with a Hold.
Wedbush analsyt says, "A pure play on good long-term growth trends in the U.S. outdoor advertising industry. Would revisit stock in anticipation of turn in key regions or categories like auto, retail or real estate. 12-month price target of $14 supported by DCF analysis."
Lamar Advertising Company (Lamar Advertising) is an outdoor advertising company in the United States based.
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