Outfront Media price target raised to $17 from $16 at Barrington

Barrington analyst James Goss raised the firm’s price target on Outfront Media to $17 from $16 and keeps an Outperform rating on the shares following the Q4 report. The company’s billboard revenue continues to grow nicely while digital conversions remain attractive, the analyst tells investors in a research note. The firm says Outfront is offsetting transit challenges with gains in the billboard category.