Noble Financial Thinks TEGNA Inc’s Stock is Going to Recover


Noble Financial analyst Michael Kupinski maintained a Buy rating on TEGNA Inc (NYSE: TGNA) today and set a price target of $14.50. The company’s shares opened today at $10.89, close to its 52-week low of $10.

According to TipRanks.com, Kupinski is ranked 0 out of 5 stars with an average return of -5.4% and a 37.5% success rate. Kupinski covers the Services sector, focusing on stocks such as Salem Communications Corp, Entercom Communications, and McClatchy Company.

TEGNA Inc has an analyst consensus of Moderate Buy, with a price target consensus of $14.92, implying a 37.0% upside from current levels. In a report released yesterday, Barrington also maintained a Buy rating on the stock with a $18 price target.

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The company has a one-year high of $15.60 and a one-year low of $10. Currently, TEGNA Inc has an average volume of 2.41M.

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TEGNA, Inc. engages in the provision of innovative media services. It offers television programming and digital content, which also has a robust digital presence across online, mobile, and social platforms. The company was founded by Frank E. Gannett in 1906 and is headquartered in McLean, VA.

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