New York Times forecasts subscription revenue below estimates on stiff competition

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Deutsche Bank on New York Times (NYT): 'We remain confident in the trajectory of the business heading into 2025'

February 6, 2025 9:57 AM EST

Deutsche Bank analyst Benjamin Soff reiterated a Buy rating and $65.00 price target on New York Times (NYSE: NYT).

The analyst comments "We remain confident in the trajectory of the business heading into 2025, and are expecting healthy growth in subscribers (1.2M digital net adds, DBe)... More