TEGNA Inc (TGNA) receives an Overweight rating from Wells Fargo

TEGNA Inc’s recently made public that its Officer Trelstad Lynn B. acquired Company’s shares for reported $0.64 million on Apr 10 ’25. In the deal valued at $15.92 per share,40,000 shares were bought.

Then, Trelstad Lynn B. sold 40,000 shares, generating $709,600 in total proceeds. Upon selling the shares at $17.74, the EVP and COO, Media Operations now owns 149,433 shares.

Before that, Trelstad Lynn B. bought 40,000 shares. TEGNA Inc shares valued at $707,600 were divested by the Officer at a price of $17.69 per share.

Wells Fargo upgraded its TEGNA Inc [TGNA] rating to an Overweight from a an Equal weight in a research note published on December 19, 2024; the price target was increased to $23 from $21. Wells Fargo also remained covering TGNA and has decreased its forecast on May 05, 2022 with a “an Equal weight” recommendation from previously “an Overweight” rating. Argus revised its rating on April 13, 2022. It rated TGNA as “a Hold” which previously was an “a Buy”.

Price Performance Review of TGNA

On Monday, TEGNA Inc [NYSE:TGNA] saw its stock jump 2.01% to $16.77. Over the last five days, the stock has gained 1.27%. TEGNA Inc shares have fallen nearly -8.31% since the year began. Nevertheless, the stocks have risen 23.86% over the past one year. While a 52-week high of $19.62 was reached on 03/26/25, a 52-week low of $12.35 was recorded on 04/11/25.

Levels Of Support And Resistance For TGNA Stock

The 24-hour chart illustrates a support level at 16.51, which if violated will result in even more drops to 16.24. On the upside, there is a resistance level at 16.92. A further resistance level may holdings at 17.08.

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