Clear Channel Outdoor (NYSE:CCO) Shares Pass Above 200 Day Moving Average - Should You Sell?

Market Beat
2026.04.29 06:55
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Clear Channel Outdoor (NYSE: CCO) shares have surpassed their 200-day moving average, trading at $2.3850. Analysts have mixed opinions, with TD Cowen maintaining a "hold" rating and a price target of $2.43, while Weiss Ratings issued a "sell" rating. The company reported earnings of $0.02 per share, exceeding estimates, and has a market cap of $1.19 billion. Institutional investors hold 85.52% of the stock. Despite recent performance, analysts suggest caution, with a general rating of "Reduce" for the stock.