Gannett Stock Sees Higher Fair Value Estimate Amid Q3 Results and Google Legal Case

martes, 13 de enero de 2026, 4:34 pm ET1 min de lectura
TDAY--

Gannett's (NYSE:TDAY) stock price has increased, with Citi lifting its price target to $5.10 from $4.30 and updating its model for Q3 results. The firm now assumes a 50% probability of a $230m award in the Google case, which could provide extra balance sheet firepower if materialized. Despite this, Citi maintains a Neutral rating, suggesting that Q3 execution and legal optionality are not enough to shift the overall risk and reward profile of the stock.

Gannett Stock Sees Higher Fair Value Estimate Amid Q3 Results and Google Legal Case

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