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  • Cristiano Bellavitis

Tegna is a BUY

- Tegna stock price declined almost 30% over the last 12 months;

- This decline is unjustified, especially considering the spin-off of that alone is worth the current market cap;

- Fundamentals are strong despite a leveraged balance sheet;

- The current share price of $18.2 is an attractive entry point.

#TEGNA #Carscom #spinoff

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