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Tribune Media (TRCO) PT Raised to $36 at Jefferies Following 4Q

March 2, 2017 7:57 AM EST

Jefferies raised its price target on Tribune Media (NYSE: TRCO) to $36.00 (from $30.00) while maintaining a Hold rating. Management guided to a LSD growth in core advertising in 2017.

Analyst John Janedis commented, "TRCO reported slightly better 4Q rev / adj. EBITDA results (ex. digital) than... More