Beasley Broadcasting Group (BBGI) Tops Q4 EPS by 33c

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Beasley Broadcast Group (BBGI) PT Lowered to $3.50 at Guggenheim

February 8, 2022 1:59 PM EST

Guggenheim analyst Curry Baker lowered the price target on Beasley Broadcast Group (NASDAQ: BBGI) to $3.50 (from $4.00) while maintaining a Buy rating.

The analyst commented, "Beasley reported 4Q revenue of $70.7mm (vs. our $69.8mm estimate) and station operating income (SOI) of $13.9mm (vs.... More