Sinclair Increases Quarterly Cash Dividend Per Share To $0.20

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Sinclair Broadcasting (SBGI) PT Raised to $38 at RBC Capital

November 8, 2018 7:33 AM EST

RBC Capital analyst Leo Kulp raised the price target on Sinclair Broadcasting (NASDAQ: SBGI) to $38.00 (from $34.00) while maintaining a Outperform rating.

Kulp commented, "SBGI posted strong 3Q results, 4Q guidance, and 2018/19 FCF guidance. Management has redeployed capital to shareholders, repurchasing 5% of the... More