New Media Investment Group (NEWM) Declares $0.27 Quarterly Dividend; 6.2% Yield

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Go back to New Media Investment Group (NEWM) Declares $0.27 Quarterly Dividend; 6.2% Yield

New Media Investment Group (NEWM) PT Lifted to $25 at Compass Point Post Q3

November 3, 2014 11:05 AM EST

Compass Point analyst Jason Stewart reiterated a Buy rating and boosted his price target on New Media Investment Group (NYSE: NEWM) to $25.00 (from $20.00) following 3Q14 earnings.

Stewart commented, "Our new price target is based on earnings growth from the deployment of current liquidity and improving prospects... More