Shares of CTC Media (CTCM) gain 12.4% after landing a Buy rating from Deutsche Bank. It's...

|About: CTC Media, Inc. (CTCM)|By:, SA News Editor

Shares of CTC Media (CTCM) gain 12.4% after landing a Buy rating from Deutsche Bank. It's welcome relief for investors of the Russian media concern after the company revised its FY11 revenue forecast less than a month ago, sending shares on a tailspin.