Article: LC: Farmhouse Equity Research Initiates Coverage of Liberty Corporation with a Strong Buy Rating and $60 Price Target.

Business Editors

PORTSMOUTH, R.I.--(BUSINESS WIRE)--March 26, 2003

Farmhouse Equity Research, LLC initiated coverage of Greenville, South Carolina-based Liberty Corporation with a Strong Buy Rating and $60 price target.

Senior Analyst, J. P. Mark, writes in his report, "Although the company is not well-known outside its broadcasting region in the Southeast and Midwest, in our opinion Liberty is one of the best-managed media companies in the United States for its size. Liberty currently owns 15 network-affiliated television stations in Texas, Mississippi, Alabama, Indiana, Louisiana, Georgia, Arkansas and Ohio, eight of which are NBC affiliates, ...

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