TD Cowen lowered the firm’s price target on Boston Omaha to $30 from $35 and keeps a Buy rating on the shares. The firm said its 4Q23 results show a strong foundation that Cowen believes will springboard the business in 2024 and beyond. Boston Omaha has zero parent-level debt and significant cash that thefirm expects will be deployed accretively via additional Out-of-Home and Broadband investments.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
