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Stock Market & Financial Investment News

News Breaks
August 5, 2014
14:54 EDTGCIGannett price target raised to $37.50 from $34 at Evercore
Evercore estimates that Gannett's purchase of 100% of Cars.com should be neutral to its EPS in 2015 and accretive after that. The firm raised its price target on the stock to $37.50 from $34 citing the Cars.com deal and its planned split into two companies and maintains its Overweight rating on the shares.
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