GCI Similar Chart Price Prediction
The price of GCI is predicted to go up 9.01%, based on the high correlation periods with HLT. The similarity of these two price pattern on the periods is 95.54%.
GCI
HLT
Up: 9.01%Similarity: 95.54%
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GCI Analyst's Forecast
Jason Bazinet
Citigroup
Strong Sell → Hold
2024-09-17
Price Target
$5.1
Downside
-6.76%
Citi upgraded Gannett to Neutral from Sell with an unchanged price target of $5.10. Over the next 24 months, the firm sees three opportunities and one risk. The opportunities are a potential Google court loss in Q4, asset sales and multiple expansion, the analyst tells investors in a research note. The one risk Citi sees is a recession. At prevailing levels, the firm sees a balanced risk/reward for Gannett shares.
