CL King analyst Jim Boyle has upgraded Arbitron’s stock to "Accumulate" from "Neutral" and fixed a target price of 54 bucks. When Arbitron conducted its quarterly conference call last week, management reaffirmed its full year guidance for 2007 and indicated it was comfortable with its informal projection of double-digit revenue growth in 2008, whereas Boyle had expected the company to back off a bit.
Sign up for free to get:
The Daily Intelligence Report delivered to your inbox.
RBR+TVBR delivers complete broadcasting news analysis and our famous observations.