Gannett Co., Inc.

Gannett Co Inc (NYSE:GCI) shares were climbing in early trading on Monday. The company has several catalysts for digital revenue growth and margin expansion, which should take the stock closer to peer average multiples, according to JMP Securities. The Gannett Analyst: Matthew Condon initiated coverage of Gannett with a Market Outperform rating and a price target of $6. The Gannett Thesis: Transitioning from a legacy news business to digital media should help the company to return to growth, Condon said in the initiation note. Check out other analyst stock ratings. Gannett expects digital ...Full story available on Benzinga.com

Related tickers: GCI.

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Related tickers: SAIA, GCI, NXPI, BILI, MGNI.