Frontier Communications (FYBR) Named Best 2022 Idea at Cowen

December 10, 2021 7:49 AM EST
Get Alerts FYBR Hot Sheet
Price: $27.77 +1.31%

Rating Summary:
    9 Buy, 1 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 8 | Down: 33 | New: 7
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Cowen analyst Gregory Williams reiterated an Outperform rating and $51.00 price target on Frontier Communications (NASDAQ: FYBR) and named it a Best Idea for 2022.

The analyst commented, "The FYBR story is one of a market maverick with a superior product and pricing advantage entering a Cable-dominated landscape as market share gains should drive a far higher mix of Fiber Broadband EBITDA for sum-of-parts multiple expansion. The top catalyst in this multi-year journey will be progress on market share penetration as fiber download/upload performance on a lower price should win out."

For an analyst ratings summary and ratings history on Frontier Communications click here. For more ratings news on Frontier Communications click here.

Shares of Frontier Communications closed at $32.50 yesterday.

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