June 19, 2008

$40 Price Target on Focus Media

Focus Media is a MF Rule Breakers pick as disclosed here. The company runs an advertising network though outdoor LCD advertising panels. The stock has taken a 37% hit over the last year after missing earnings one quarter and suffering minor damage in an earthquake.

The Fool has an additional article on the stock here. Zacks has an article here where they give the stock a $40 price target.

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