The New York Times Announces Upcoming Launch on Snapchat Discover

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New York Times (NYT) PT Raised to $12 at Jefferies Following 4Q Earnings Report

February 3, 2017 8:34 AM EST

Jefferies raised its price target on New York Times (NYSE: NYT) to $12.00 (from $11.00) while maintaining a Hold rating.

Analyst John Janedis commented, "NYT 4Q rev and EBITDA of $440M / $96M both exceeded expectations with strong digital adv and circ growth of 11% / 22%,... More