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MDP Upgraded on Improving Fundamentals

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Analysts at Benchmark Co upgrade Meredith Corp (NYSE: MDP) from "hold" to "buy." The target price for MDP has been raised from $36 to $40.

According to Benchmark Co, the upgrade in the rating reflects the improving fundamentals in Meredith's broadcasting and magazine advertising segments.

MDP’s shares closed at $31.63 yesterday. More Analyst Ratings here

 

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