The New York Times (NYT) Cut To "Sell"

Douglas A. McIntyre

According to MarketWatch Banc of America Securities cut its rating on The New York Times Company from “neutral” to “sell”. It moved its price target from $21 to $14.

What an insult. NYT is now a “source of funds” stock. It only owns the most powerful newspaper in the country.

Sulzberger must go.

Douglas A. McIntyre