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Enter Symbol:
 
Clear Channel Outdoor Holdings, Inc. (CCO) [hlAlert]

Rating:
Outperform
CCO
down 68.00 %

Clear Channel Outdoor Holdings, Inc. (CCO) upgraded to Outperform by Bear Stearns

Posted on: Friday,  Feb 1, 2008  8:25 AM ET by Bear Stearns

Bear Stearns rated Outperform Clear Channel Outdoor Holdings, Inc. (NYSE: CCO) on 02/01/2008, when the stock price was $24.57.
Since then, Clear Channel Outdoor Holdings, Inc. has lost 68.01% as of 11/06/2015's recent price of $7.86.
If you would have followed this Bear Stearns's recommendation on CCO, you would have lost 68% of your investment in 2835 days.

Clear Channel Outdoor Holdings, Inc. provides clients with advertising opportunities through billboards, street furniture displays, transit displays and other out-of-home advertising displays, such as wallscapes, spectaculars, neons and mall displays. The segments of the Company include Americas and International. During the year ended December 31, 2008, the Company owned or operated approximately 908,000 advertising displays globally. On July 30, 2008, Clear Channel Communications completed its merger with a subsidiary of CC Media Holdings, Inc., or CC Media Holdings, a company formed by a group of private equity funds sponsored by Bain Capital Partners, LLC and Thomas H. Lee Partners, L.P. Clear Channel Communications is owned indirectly by CC Media Holdings.

The Bear Stearns Companies Inc. (NYSE: BSC) is the parent company of Bear, Stearns & Co. Inc., a leading global investment banking, securities trading and brokerage firm. Since 1923, we have helped corporations, institutions, governments and individuals reach their financial objectives. Clients have come to rely on the breadth of our expertise, our commitment to client service and our innovative approach to problem-solving. Talented professionals join Bear Stearns because of our unique corporate culture. Based on respect, integrity, meritocracy, innovation and a commitment to philanthropy, these guiding principles serve as blueprint for the way that we do business.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/1/2008 8:25 AM Buy
None
24.57
as of 12/24/2008
1 Week down  -5.64 %
1 Month up  85.59 %
3 Months down  -13.60 %
1 YTD down  -78.46 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/18/2007 9:25 AM Hold
None
25.45
8/20/2007 9:25 AM Buy
None
23.94

(*) Stock Price at the time of the recommendation.
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