Lamar Advertising Co (LAMR) Posts Improved Q1 FFO

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Lamar Advertising (LAMR) Price Target Raised at Wells Fargo

May 8, 2014 10:35 AM EDT

Wells Fargo maintained an Outperform rating on Lamar Advertising (NASDAQ: LAMR) and raised its price target to $59-$63 (from $57-$61).

Analyst Marci Ryvicker said, "Q1 results were just fine, with rev. coming in at the high end of guidance and EBITDA just above our est. Investors... More