Boston Omaha price target lowered to $35 from $40.50 at TD Cowen

TD Cowen analyst Lance Vitanza lowered the firm’s price target on Boston Omaha to $35 from $40.50 and keeps an Outperform rating on the shares. The firm noted investors appear to have brushed off favorable 2Q results, with recent weakness in the shares likely reflecting worsening sentiment toward fiber and a potential writedown of the company’s Sky Harbour investment.