Wells Fargo upgrades newspaper stocks, singling out Gannett (GCI +5.8%) and New York Times (NYT...

|About: Gannett Co., Inc. (GCI)|By:, SA News Editor

Wells Fargo upgrades newspaper stocks, singling out Gannett (GCI +5.8%) and New York Times (NYT +6.1%). "After years of downward revenue estimate revisions, it appears as though the newspaper ad market is improving more quickly than we previously anticipated, particularly in December," firm says.