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Gray Television (GTN) PT Raised to $17 at RBC Capital; Reiterates Outperform

August 9, 2017 7:39 AM EDT

RBC Capital raised its price target on Gray Television (NYSE: GTN) to $17.00 (from $16.00) while maintaining a Outperform rating following the company's 2Q earnings report. Revenue of $227mn beat $217mn consensus estimates and guidance of $218mm-$223mm. EBITDA of $86mn beat $71mn consensus.... More