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home / news releases / clear channel outdoor rating upgrade on positive ebi

CCO - Clear Channel Outdoor: Rating Upgrade On Positive EBITDA Growth Outlook

Clear Channel Outdoor Holdings Inc. Class A

2024-06-06 06:45:34 ET

Summary

  • Clear Channel Outdoor's main growth driver will be increased penetration of digital billboards.
  • Airport segment should continue to benefit from air travel growth.
  • CCO's efforts to divest non-core assets and clean up its balance sheet provide potential for multiple upsides and improved financial flexibility.

Investment action

For further details see:

Clear Channel Outdoor: Rating Upgrade On Positive EBITDA Growth Outlook
Stock Information
Company Name: Clear Channel Outdoor Holdings Inc. Class A
Stock Symbol: CCO
Market: NYSE
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