Gannett Stock Sees Higher Fair Value Estimate Amid Q3 Results and Google Legal Case
ByAinvest
Tuesday, Jan 13, 2026 4:34 pm ET1min read
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.
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