Sinclair price target lowered to $29 from $30 at Benchmark

Benchmark lowered the firm’s price target on Sinclair (SBGI) to $29 from $30 and keeps a Buy rating on the shares. Ahead of Sinclair kicking off broadcast earnings season, the firm is “pretty much in line with the street for 1Q and 2025, and actually a bit ahead on revenue in 2026,” even with “mild estimate reductions,” the analyst tells investors in a preview.