From Financial Modeling Prep: 2024-11-05 17:04:44

Catherine Seifert from CFRA set a price target of $58 for The New York Times Company (NYSE:NYT), implying a 9.17% potential increase from its current price of $53.13. The company’s third-quarter earnings report showed a year-over-year rise in subscription revenues, with forecasts indicating a 7% to 9% increase in the fourth quarter. NYT’s market capitalization is approximately $8.7 billion, reflecting strong investor interest and confidence in the media industry.



Read more at Financial Modeling Prep:: The New York Times Company (NYSE:NYT) Sees Positiv…