In a report released today, Steven Cahall from Wells Fargo maintained a Hold rating on TEGNA (TGNA – Research Report), with a price target of $15.00. The company’s shares closed yesterday at $14.18.
According to TipRanks, Cahall is a 3-star analyst with an average return of 0.6% and a 49.87% success rate. Cahall covers the Communication Services sector, focusing on stocks such as Paramount Global Class B, Charter Communications, and Sirius XM Holdings.
TEGNA has an analyst consensus of Hold, with a price target consensus of $16.00.
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The company has a one-year high of $21.71 and a one-year low of $13.55. Currently, TEGNA has an average volume of 2.07M.
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TEGNA (TGNA) Company Description:
TEGNA, Inc. engages in the provision of media services. It offers TEGNA Marketing Solutions, a one-stop shop that helps businesses through a suite of services and solutions that reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA’s OTT advertising service. The company was founded by Frank E. Gannett in 1906 and is headquartered in Tysons, VA.
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