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Fly News Breaks for October 28, 2019
TGNA
Oct 28, 2019 | 08:05 EDT
JPMorgan analyst Alexia Quadrani reinstated coverage of Tegna with a Neutral rating and $18 price target following a period of restriction. The analyst sees a favorable risk/reward over the near term but has secular concerns on sector fundamentals, including the sustainability of higher retrans pricing, cord cutting, and the health of the local ad market in a possible recession. She recommends waiting for a better entry point to be more constructive on the shares.
News For TGNA From the Last 2 Days
TGNA
Apr 24, 2024 | 10:02 EDT
Shareholders of TEGNA Inc. overwhelmingly approved the re-election of nine Board members and an advisory resolution on the compensation of the company's named executive officers. TEGNA shareholders re-elected Board Chairman Howard D. Elias, president and CEO Dave Lougee, Gina L. Bianchini, Stuart J. Epstein, Karen H. Grimes, Scott K. McCune, Henry W. McGee, Neal B. Shapiro and Melinda C. Witmer to the Board of Directors at the company's annual meeting held this morning. Directors will serve one-year terms ending at TEGNA's 2025 annual meeting.
