New York Times tops revenue estimates as digital subscriptions jump

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New York Times (NYT) PT Raised to $15 at Jefferies

May 4, 2017 8:40 AM EDT

Jefferies raised its price target on New York Times (NYSE: NYT) to $15.00 (from $12.00) while maintaining a Hold rating.

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The New York Times Co. (NYT) Jumps 10% on Solid Qtr

May 3, 2017 10:05 AM EDT

Shares of The New York Times Co. (NYSE: NYT) are up 10.5% following better-than-expected results before the open.

"We added an astonishing 308,000 net digital news subscriptions, making Q1 the single best quarter for subscriber growth in our history," the CEO said.

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