Jefferies Boosts Price Target on TW Telecom Inc. (TWTC)

May 3, 2012 3:46 PM EDT
Get Alerts TWTC Hot Sheet
Price: $42.78 --0%

Rating Summary:
    3 Buy, 11 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 4 | Down: 8 | New: 54
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Jefferies analysts updated their price target on TW Telecom Inc. (NASDAQ: TWTC) raising it by $1 to $26 from $25, while reiterating their BUY rating.

The company continues to gain share in the fiber and management services market for medium and large enterprises. Jefferies analysts think margins will continue to expand as well. New products could eventually improve return on investment, margins, decrease churn, and lower capital intensity.

For an analyst ratings summary and ratings history on tw telecom click here. For more ratings news on tw telecom click here.

Shares of tw telecom closed at $22.69 yesterday.


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