Benchmark Raises Grupo Televisa (TV) Price Target on Q2 Cost Improvements

Grupo Televisa, S.A.B. (NYSE:TV) is one of the best NYSE penny stocks to invest in now. On July 23, Benchmark lifted its price target on Grupo Televisa from $7.00 to $9.00 while maintaining a “Buy” rating on the stock. The analysts cited cost improvements in Grupo Televisa’s Mexico cable operations as reflected in the company’s second-quarter 2025 earnings release.

Benchmark Raises Grupo Televisa (TV) Price Target on Q2 Cost Improvements

Benchmark also cited the TelevisaUnivision joint venture, in which Grupo Televisa holds a 43% stake, as a key factor in its decision. The joint venture reported a 10% increase in Adjusted Operating Income Before Depreciation and Amortization (OIBDA) despite a weak advertising market. Another factor is a 4.5% sequential improvement in the Mexican peso spot rate from the second-quarter 2025 moving average.

Grupo Televisa, S.A.B. (NYSE:TV) is a Mexican multimedia conglomerate that owns and operates cable companies and satellite pay-TV systems. It delivers basic and premium TV subscriptions, internet, and mobile services through its Cable and Sky segments. The company also provides national advertising sales and data services via its fiber-optic network.

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Disclosure: None. This article is originally published at Insider Monkey.