Citi Downgrades Meredith Corp (MDP) to Neutral

December 4, 2017 6:24 AM UTC
Get Alerts MDP Hot Sheet
Price: $59.07 --0%

Rating Summary:
    4 Buy, 8 Hold, 0 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Citi downgraded Meredith Corp (NYSE: MDP) from Buy to Neutral with a price target of $72.00 (from $65.00).

Analyst Jason Bazinet said while they like the strategic benefits of the Time combination, they see few catalysts and limited upside from current levels.

For an analyst ratings summary and ratings history on Meredith Corp click here. For more ratings news on Meredith Corp click here.

Shares of Meredith Corp closed at $67.90 yesterday.



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