Boston Omaha price target lowered to $25 from $28 at Wells Fargo

Wells Fargo lowered the firm’s price target on Boston Omaha to $25 from $28 and keeps an Overweight rating on the shares. Boston Omaha’s Q2 print was strong, driven by performance at billboard and broadband, which remain key drivers of both top-line and EBITDA growth, the analyst tells investors in a research note.