Pali Research Upgrades Mediacom Communications (MCCC) to Neutral
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Pali Research upgrades Mediacom Communications Corp. (Nasdaq: MCCC) from Sell to Neutral and removes its prior price target of $5.50.
The firm said the worst is likely behind Mediacom, but noted that it expects the Company to continue to struggle due to issues related to the battle for the Big Ten Network.
Mediacom Communications Corporation, through its subsidiaries, engages in the acquisition and development of cable systems serving smaller cities and towns in the United States.
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