New York Times subscriber growth slows on tight spending, shares fall

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Go back to New York Times subscriber growth slows on tight spending, shares fall

New York Times (NYT) PT Raised to $58 at CFRA

November 5, 2024 2:30 PM EST

CFRA analyst Catherine Seifert raised the price target on New York Times (NYSE: NYT) to $58.00 (from $57.00) while maintaining a Hold rating.

The analyst comments "We raise our 12-month target price by $1 to $58, valuing NYT shares at 28x our 2025 EPS estimate of $2.10 (raised today by... More

Evercore ISI Reiterates Outperform Rating on New York Times (NYT)

November 5, 2024 5:43 AM EST

Evercore ISI analyst Vijay Jayant reiterated an Outperform rating and $56.00 price target on New York Times (NYSE: NYT).

The analyst comments "3Q24 results were generally in line with expectations and guidance, while NYTs outlook for 4Q24 implies slight 1-2% upside to consensus estimates for revenue/AOP at the mid-points. Digital-only net... More