Lamar Advertising (LAMR) PT Raised to $150 at TD Cowen

TD Cowen analyst Lance Vitanza raised the price target on Lamar Advertising (NASDAQ: LAMR) to $150.00 (from $140.00) while maintaining a Buy rating.

The analyst commented: "Multiple Catalysts Support 2026 Growth; Lamar closed 2025 on firm footing, delivering +4% like-for-like revenue growth and ex $11 mil from political a year prior. Momentum carries into 2026, where a robust event calendar could lead to +3% revenue growth and AFFO of $8.50-8.70 per share, up +4% at the midpoint. The World Cup and midterm elections should lift national and digital demand, alongside continued M&A and a growing digital base."

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