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Nov 18, 2019 11:58 AM

18% upside in TEGNA Long

TEGNA IncNYSE

Description

Entry level $15.30 = Target price $18.00 = Stop loss $14.75
Bullish setup developing.
Rising 200ma support.
Uptrend support.
7&12 ma cross approaching.

P/e ratio 9.37 (very reasonable)
Company profile
TEGNA, Inc. engages in the provision of media services. It offers TEGNA Marketing Solutions, a one-stop shop that helps businesses through a suite of services and solutions that reach consumers across television, email, social and over-the-top (OTT) platforms, including Premion, TEGNA's OTT advertising service. The company was founded by Frank E. Gannett in 1906 and is headquartered in Tysons, VA.
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