Lamar Rises After Report Says Rival May Lose N.Y. Transit Deal

  • Outfront Media may lose MTA advertising contract, analyst says
  • Shares advance most since May 2015 following analyst report

Shares of Lamar Advertising Co. rose the most in more than 16 months after an analyst said that a competitor of the billboard company could lose a contract to provide advertising on New York City’s subways.

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