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Stock Market & Financial Investment News

News Breaks
March 4, 2014
07:26 EDTLAMRChances of Lamar Advertising REIT conversion has increased, says Wedbush
After Lamar Advertising stated that it expects positive news very soon on its REIT conversion, Wedbush believes that the chances of the company converting to a REIT soon have increased. The firm continues to believe that the IRS will likely make a favorable ruling on the matter in Q1, and it views the stock's risk/reward ratio as favorable. The firm keeps a $57 price target and Outperform rating on the shares.
News For LAMR From The Last 14 Days
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January 22, 2015
14:11 EDTLAMRLamar Advertising announces partnership with Blue Bite
Lamar Advertising announces a new partnership with Blue Bite, which will give advertisers the ability to create measurable mobile campaigns through the use of outdoor media. The partnership will include the integration of Blue Bite's mTAG platform on Lamar's street level media. First being deployed to 440 transit locations throughout the Buffalo, NY area, both companies are working to expand the network footprint to a potential 25,000 mobile touchpoints across the U.S. and Canada.

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