Citi Raises Clear Channel Outdoor PT to $2.10, Keeps Neutral Rating

Citi raised the price target on Clear Channel Outdoor (CCO) to $2.10 from $1.35, while maintaining a Neutral rating. Analysts are optimistic about the company's operating momentum and potential acquisition by Abu Dhabi's sovereign wealth fund. However, investors should consider AI stocks with greater upside potential and lower downside risk.