B. Riley analyst Daniel Day upgraded Audacy Inc. to Buy from Neutral with a price target of $5, up from $4 (99.2 percent upside). The stock is trading near year-to-date lows, and the sentiment is “swinging toward overly pessimistic in recent weeks,” Day says. While Audacy was the worst-hit relative to its peers in recent quarters by the…
B. Riley Sees Audacy’s Risk-Reward Profile Skewing Heavily to the Upside
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