Wells Fargo analyst Steven Cahall lowered the firm’s price target on Boston Omaha to $31 from $34 and keeps an Overweight rating on the shares. The firm says the price target change mainly reflects revaluation of assets, and that it is still bullish on Boston Omaha as a lesser known and unconventional smid-cap roll-up story that continues to deliver equity appreciation, the analyst tells investors in a research note.
Published first on TheFly
