Banc of America cut its price targets on newspaper stocks: The McClatchy Company (NYSE: MNI) from $26 to $15; GateHouse Media, Inc. (NYSE: GHS) from $13 to $7.50; Gannett Co., Inc. (NYSE: GCI) from $51.50 to $37.50; Lee Enterprises (NYSE: LEE) cut to $15.
New York Times downgraded to "sell."
