Guggenheim Lowers Price Target for Gray Media to $7 After Q1 Results
Following its first-quarter results and guidance provided during a May 2026 earnings call, Guggenheim analyst Curry Baker reduced the price target on Gray Media (NYSE:GTN) from $8 to $7 while maintaining a 'Buy' rating. The company reported declining net retransmission revenue in Q1 but expects low single-digit growth for full-year 2026.
Tickers: $GTN
Topics: Gray Media Guggenheim Securities Q1 Results Stock Price Target