Zacks Investment Research upgraded shares of SAGA COMMS-CL A (SGA) from NEUTRAL to OUTPERFORM on September 22, 2014, with a target price of $39.70.
Saga Communications, Inc. is a broadcasting company whose business is devoted to acquiring, developing and operating broadcast properties. The company owns or operates broadcast properties in markets, including FM and AM radio stations, state radio networks, farm radio network, TV stations and an equity interest in FM radio stations serving Reykjavik, Iceland. Additionally, Saga has entered into an Asset Purchase Agreement with Clear Channel Communications to purchase the assets of WHMP-AM/FM, Northampton, Massachusetts. (PRESS RELEASE)
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