Billboard Insider was interviewed by a group of Tulane undergraduate B-school students (picture above) who did a valuation and research report on Lamar.  They rate Lamar as market perform with a 12 month target price of $117.00.   The group’s investment thesis (see below) notes Lamar’s steady dividends, reduced acquisitions and reduced leverage and points out that Lamar’s revenue performance correlates with consumer spending.  We are impressed!

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