SAC Capital Raises Stake in Lamar Advertising Co (LAMR) to 5.3%

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Wells Fargo Maintains Outperform on Lamar Advertising (LAMR)

June 7, 2013 11:30 AM EDT

Wells Fargo today maintained an Outperform on Lamar Advertising (NASDAQ: LAMR). Shares traded lower on Friday due to concerns about IRS treatment of REIT conversion. The IRS has formed a working group and is evaluating the topic.

Commenting, analyst Marci Ryvicker... More