Clear Channel Outdoor Holdings, Inc. Announces Proposed Private Offering of Senior Secured Notes

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Go back to Clear Channel Outdoor Holdings, Inc. Announces Proposed Private Offering of Senior Secured Notes

Clear Channel (CCO) PT Raised to $2 at Morgan Stanley

February 27, 2024 12:02 PM EST

Morgan Stanley analyst Benjamin Swinburne raised the price target on Clear Channel (NYSE: CCO) to $2.00 (from $1.50) while maintaining a Equalweight rating.

The analyst comments "Softness in the national ad market weighed on Americas 4Q23 rev growth, driven by a lagging San Francisco market... More