TEGNA Reaches Analyst Target Price

by Trading & Investing | 02/23/2022, 08:45

In recent trading, shares of TEGNA Inc (Symbol: TGNA) have crossed above the average analyst 12-month target price of $22.33, changing hands for $22.44/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation,

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