Lamar Advertising Co (NASDAQ: LAMR) shares recently traded at $104.06, surpassing the average 12-month analyst target price of $103.00. This price rise prompts questions about potential analyst responses, such as downgrading valuations or raising target prices based on positive fundamental developments.
Within the Zacks coverage universe, analysts have set varying targets for LAMR, with estimates ranging from $92.00 to $112.00 and a standard deviation of $10.148. Currently, there is one strong buy rating, two hold ratings, and no sell ratings, resulting in an overall average rating of 2.33 on a scale where 1 is strong buy and 5 is strong sell.
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