Gannett stock up on bullish Barron’s report

By on Jun, 2 2014 with Comments 0

GannettShares of Gannett were 2.5% higher to $28.47 after a bullish piece in Barron’s made the argument the stock could rise 40% over the next couple of years due to the company’s shift in strategy. The report said the acquisition of Belo and the erection of paywalls at all 80 of Gannett’s local newspapers sets up the company for revenue growth.

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About The Author: Carl has been with RBR-TVBR since 1997 and is currently Managing Director/Senior Editor. Residing in Northern Virginia, he covers the business of broadcasting, advertising, programming, new media and engineering. He’s also done a great deal of interviews for the company and handles our ever-growing stable of bylined columnists.

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