Wells Fargo Upgrades Clear Channel (CCO) to Outperform

December 11, 2014 8:36 AM EST
Get Alerts CCO Hot Sheet
Price: $2.33 +0.43%

Rating Summary:
    1 Buy, 8 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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Wells Fargo upgraded Clear Channel (NYSE: CCO) from Market Perform to Outperform with a price target of $10-$15 (from $6-$8). Analyst Marci Ryvicker noted improving trends and optionality from a potential sale in Europe.

For an analyst ratings summary and ratings history on Clear Channel click here. For more ratings news on Clear Channel click here.

Shares of Clear Channel closed at $8.29 yesterday.



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