Between September and November 2020, Sinclair Broadcast Group shares finally started to rebound from pandemic-influenced lows, driven by the media company’s newly acquired regional sports networks and lack of live action to televise.
Since then, SBGI has been ensconced within a target range Wall Street analysts believe is fair for the company led by Chris Ripley.
Where the company’s shares will go come November 2021 and beyond could be fueled by Sinclair’s third quarter performance. And, we now know when the company will be sharing its fiscal report card for the period ending September 30.
