Deutsche Bank Starts Lamar Advertising (LAMR) at Buy; Sees More Upside on REIT Conversion Plan

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Go back to Deutsche Bank Starts Lamar Advertising (LAMR) at Buy; Sees More Upside on REIT Conversion Plan

Lamar Advertising (LAMR) Jumps as It Look at a REIT

August 8, 2012 12:34 PM EDT

Shares of Lamar Advertising Co. (Nasdaq: LAMR) are surging higher Wednesday after saying it is currently considering an election to real estate investment trust (REIT) status.

Lamar said it intend to seek a private letter ruling from the... More