Gannett Has 'Several Catalysts For Digital Growth And Margin Expansion,' Says Bullish Analyst

Loading... Gannett Co Inc GCI shares were climbing in early trading on Monday. Loading... 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, ...