Bullish Case: CCO's double-digit revenue growth and strategic divestments boost its potential. Insider investments and continued expansion in high-margin U.S. markets enhance its bullish outlook.


Bearish Case: Recent sharp decline in operations income, high volatility, and substantial recent price drops suggest underlying weakness despite revenue growth. Backwardation in the options term suggests bearish expectations.


Potential Outcomes:

1. Continued digital and U.S. market focus lifting stock: 65%.

2. Further operations income decline leading to a stock drop: 20%.

3. Unexpected setbacks from divestments lowering earnings: 15%.


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April 23, 2024


Clear Channel Outdoor Forecast

CCO        Clear Channel Outdoor
Price Forecast: BULLISH    Price Action: MEAN REVERTING (?)











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