New York Times: Guggenheim Upgrade and Growth in the Digital Segment Lead to Gains!
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Current Development: Guggenheim upgrades the stock from Neutral to Buy and raises the price target significantly from $70 to $82. Concrete Trigger: Convincing figures for the second quarter with an adjusted earnings per share of $0.69 and $762.5 million in revenue beat market forecasts. Future Perspective: The digital multi-product ecosystem ensures predictable subscription revenues and gives the company strong pricing power. The media house The New York Times Company exemplifies the successful transformation of a traditional print...
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