TD Cowen Maintains Outperform Rating for Boston Omaha: Here's What You Need To Know

TD Cowen has decided to maintain its Outperform rating of Boston Omaha BOC and lower its price target from $40.50 to $35.00.

Shares of Boston Omaha are trading up 0.81% over the last 24 hours, at $17.48 per share.

A move to $35.00 would account for a 100.23% increase from the current share price.

About Boston Omaha

Boston Omaha Corp is a US-based company which invests in real estate. Its operations include its ownership of multiple billboards in Florida, Georgia, Wisconsin, and Alabama and equity method investments in several real estate companies. The company operates three separate lines of business, outdoor billboard advertising, surety insurance and related brokerage activities, and broadband services. It also engages in investments in real estate management and related activities. The company generates the majority of the revenue from billboard rentals.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.