Citi's Downgrade of Lamar Advertising to Neutral Over Limited Share Upside
Thursday, 11 July 2024, 13:21
Citi Downgrades Lamar Advertising to Neutral
Citi analyst reviews Lamar Advertising's performance and adjusts rating due to valuation concerns.
Key Points:
- Reason for Downgrade: High valuation and limited upside potential
- Impact on Investors: Advised to reconsider positions in Lamar Advertising
- Market Assessment: Current challenges in achieving significant share price growth
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.