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Gray Media reported Q3 losses of 24 cents per share, beating the analyst consensus estimate of losses of 34 cents per share. Quarterly sales were $749 million, beating estimates of $745.047 million. The company sees FY2025 sales of $3.07 billion to $3.085 billion, below market estimates of $3.109 billion. Analysts raised their price targets on the stock, with Wells Fargo boosting its target to $5.5 and Benchmark to $10.

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