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Microsoft AIin Financial Markets
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Microsoft announces plans to cut up to 9,000 jobs while shifting focus toward AI investments, signaling a strategic pivot amid workforce reductions.

Guggenheim lowers Tegna stock price target to $21 on revised outlook

Investing.comWednesday, July 2, 2025 at 11:57:59 AM
Guggenheim lowers Tegna stock price target to $21 on revised outlook
Guggenheim has cut its price target for Tegna's stock from $24 to $21, signaling lower confidence in the media company's near-term performance. The adjustment follows a revised outlook, likely reflecting concerns about advertising revenue, cord-cutting trends, or broader market pressures.
Editor’s Note: For investors, this isn't great news—analysts lowering price targets often hint at underlying challenges, whether in Tegna's business or its industry. It’s a red flag for shareholders, but also a snapshot of how media companies are navigating a shaky ad market and shifting viewer habits. If you're holding Tegna stock, this might be a nudge to keep a closer eye on earnings reports.
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