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CCO

Clear Channel Outdoor

$4.75

0.15 (3.26%)

10:11
08/08/17
08/08
10:11
08/08/17
10:11

Clear Channel Outdoor rallies 15% to $5.30 after halt for volatility

CCO Clear Channel Outdoor
$4.75

0.15 (3.26%)

09/12/16
LOOP
09/12/16
INITIATION
LOOP
Sell
Clear Channel Outdoor initiated with a Sell at Loop Capital
Loop Capital analyst David Miller initiated Clear Channel Outdoor with a Sell rating and a $5.50 price target.
11/03/16
LOOP
11/03/16
UPGRADE
Target $5.5
LOOP
Hold
Clear Channel Outdoor upgraded to Hold from Sell at Loop Capital
Loop Capital analyst David Miller upgraded Clear Channel Outdoor to Hold citing the stock's proximity to his unchanged price target of $5.50. The shares are 16.2% since the analyst initiated coverage on September 12.
03/30/17
LOOP
03/30/17
NO CHANGE
Target $6
LOOP
Hold
Loop Capital says JC Decaux expressing interest in Clear Channel nothing new
After Reuters reported earlier this month on comments from JC Decaux CEO Jean-Francois Decaux expressing interest in acquiring Clear Channel Outdoor's (CCO) U.S. business, analyst David Miller said it sounded to him "like a broken record," noting that the executive has made similar comments on many occasions before. Noting that Clear Channel shares have moved up nearly 10% over the last two weeks, Miller said he is skeptical that iHeart Media (IHRT) would sell Clear Channel Holdings unless all the assets, not just the U.S. ones, were involved and he doesn't see them disposing of it at a discount to its market multiple. He raised his price target on Clear Channel to $6 from $5.50 but keeps a Hold rating on the stock.

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