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flag New York Times reports strong Q1 earnings, gets "Moderate Buy" rating with a $56.40 price target.

flag The New York Times Company received a "Moderate Buy" rating from analysts, with a 12-month price target of $56.40. flag The company reported a 7.1% revenue increase in Q1 and surpassed earnings expectations, reporting $0.41 EPS compared to the $0.35 consensus. flag The firm announced a quarterly dividend of $0.18, or an annualized $0.72, with a yield of 1.30%. flag Envestnet Portfolio Solutions reduced its stake in NYT by 21.7% during Q1.

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