Lamar Advertising (LAMR) Misses Q4 EPS by 3c

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Wedbush Cuts Price Target on Lamar Advertising (LAMR) as Weak Guide Has Investors Questioning

February 24, 2016 9:24 AM EST

Wedbush maintained a Neutral rating on Lamar Advertising (NASDAQ: LAMR), and cut the price target to $65.00 (from $67.00), following the company's 4Q earnings report. Diluted AFFO per share of $1.27 beat the Street's $1.25 estimate. However, the company guided 2016 a bit below Street, leaving investors looking... More