New York Times earnings boosted by digital bundling push

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New York Times (NYT) PT Raised to $38 at Guggenheim

February 8, 2023 12:16 PM EST

Guggenheim analyst Curry Baker raised the price target on New York Times (NYSE: NYT) to $38.00 (from $33.00) while maintaining a Neutral rating.

The analyst commented, "The Times reported 4Q revenue and adj. operating profit of $668mm (vs. our $642mm) and $142mm (vs. our $117mm), respectively.... More