Gabelli Maintains Sinclair Broadcast Group Buy (SBGI)

By Benzinga Staff
February 10, 2011 10:27 AM

Symbols: SBGI

Posted in: Analyst Color, Analyst Ratings

Gabelli & Company maintained its Sinclair Broadcast Group (NASDAQ: SBGI) Buy rating in a research report published today.

In the report, Gabelli notes, "SBGI benefited from Super Bowl carriage and strong NFL ratings for its Fox stations and might be disproportionately hurt by the absence of football (although virtually all broadcasters would feel a pinch)."

Shares of Sinclair Broadcast Group were at $11.32 in pre-market trading at the time of posting, up 3.00% from Thursday's market close.

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Gabelli Maintains Sinclair Broadcast Group Buy (SBGI)

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