Beasley Broadcast Group to Report 2020 Second Quarter Financial Results, Host Conference Call and Webcast on August 4

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Go back to Beasley Broadcast Group to Report 2020 Second Quarter Financial Results, Host Conference Call and Webcast on August 4

Beasley Broadcast Group (BBGI) PT Lowered to $3 at Guggenheim, Keeps 'Buy'

August 4, 2020 1:02 PM EDT

Guggenheim analyst Curry Baker lowered the price target on Beasley Broadcast Group (NASDAQ: BBGI) to $3.00 (from $5.00) while maintaining a Buy rating.

The analyst commented, "Beasley reported 2Q revenue of $30.4mm (vs. our $42.7mm) and station operating income (SOI) of -$11.0mm (vs.... More