|
|
|
Downgrades: CCO, POT, NTAP
December 18, 2009
This morning, Wedbush Morgan downgraded shares of Clear Channel Outdoor (CCO) from Outperform to Neutral as the refinancing of maturing debt has reduced the stocks discount to peers. Furthermore, given the lack of trasparency by Clear Channel Outdoor and its parent company on the refinancing, the firm is recommending that investors take some of their profits off of the table.
Copyright (2009) Market News Video.
|
|
|