Thursday, March 31, 2011

Stock | Analysts raise forecast to $18 a share

[Updated at 4:18 p.m. ET.] Gannett's stock closed moments ago at $15.23, down 34 cents, or 2.2%, after media stock analysts at Benchmark Co. boosted their price target on shares to $18 from $17. Their recommendation came in a note to investors yesterday, American Banking & Market News reports today.

Benchmark's note follows a flurry of up-and-down analyst recommendations on the stock over the past week, here and here.

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