01:50 PM EDT, 03/23/2026 (MT Newswires) -- CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows:

Shares of NYT are up roughly 17% year-to-date to $81.93, driven by investor enthusiasm over AI licensing deals, with the company positioning itself as a valuable content provider for generative AI models. While we see this as a legitimate growth driver, we believe the opportunity is now fully reflected in valuation. NYT currently trades at 30x forward earnings, a premium to its 27x three-year average, suggesting the market has priced in successful AI monetization. We lower our price target by $2 to $73, 27x (down from 28x) our 2026 EPS estimate, in line with shares' three-year average. We raise our 2026 EPS to $2.69 from $2.65 and 2027's to $2.82 from $2.73, reflecting strong subscriber growth momentum. We downgrade our opinion to Sell from Hold. While fundamentals remain positive with solid subscriber trends and emerging AI licensing revenue opportunities, current valuation levels limit upside and reflect overly optimistic assumptions about AI monetization.