Gannett (GCI +11.6%) soars after Lazard upgrades shares to Buy from Neutral, and Citigroup calls attention to an improving outlook from the National Association of Newspapers on the sector that includes a forecast of a 4.8% drop in advertising revenue for Q4 - compared to a 9% decline in Q3. Other newspapers stocks are rallying as well: NYT +3.6%, MNI +4.8%, SSP +2.8%.
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