In mid-December, Audacy Inc. shares earned an upgrade from Wall Street financial house B. Riley. The firm’s Daniel Day saw bad news for the audio media company “more than priced in” ahead of an earnings inflection for the coming year.
A better-known Wall Street analyst now shares that he sees things differently for the owner of Cadence13 and Pineapple Street, BetQL, the Audacy streaming app and AM and FM radio stations including KROQ/Los Angeles, WFAN/New York and WXRT/Chicago.
