Gannett (GCI) PT Lowered to $5 at Citi
Get Alerts GCI Hot Sheet
Price: $2.57 -4.46%
Rating Summary:
6 Buy, 5 Hold, 2 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Rating Summary:
6 Buy, 5 Hold, 2 Sell
Rating Trend: Up
Today's Overall Ratings:
Up: 11 | Down: 12 | New: 9
Join SI Premium – FREE
Citi analyst Jason Bazinet lowered the price target on Gannett (NYSE: GCI) to $5.00 (from $9.00) while maintaining a Buy rating.
- now expect 8% revenue decline in 2020 and 7% decline in 2021. pro-forma Adjusted EBITDA estimates will decline in 2020 and 2021. Now estimate Adjusted EBITDA of $479 million in 2020 and $456 million in 2021 (versus $485 million in 2019).
- Dividend at Risk
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Acrivon Therapeutics Inc (ACRV) PT Lowered to $22 at Jones Trading
- Reliance Industries (RIL:IN) PT Raised to INR2,630 at Macquarie
- Keefe, Bruyette & Woods Upgrades Trustmark (TRMK) to Outperform
Create E-mail Alert Related Categories
Analyst Comments, Analyst EPS Change, Analyst PT ChangeRelated Entities
Citi, DividendSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!