Uniti Group (UNIT) PT Raised to $16 at Cowen

Cowen analyst Gregory Williams raised the price target on Uniti Group (NASDAQ: UNIT) to $16.00 (from $15.00) while maintaining an Outperform rating.

The analyst commented, "Uniti posted upside 4Q21 results with continued momentum in MRR bookings solid leasing upside EBITDA/AFFO and upside 2022 guidance. The lease-up strategy continues to take shape with trends never better going into 22. Mgmt. also spoke incrementally positive on the M&A pipeline as it continues to practice patience riding solid fundamentals and a healthy balance sheet."

You May Also Be Interested In

• Amer Sports Inc. (AS) PT Lowered to $42 at Truist, but 'Momentum continues to surge in a tough macro'
• Mercury Systems (MRCY) PT Raised to $131 at Piper Sandler as 'Acceleration Continues'
• Viking Holdings (VIK) PT Raised to $121 at UBS Ahead of Q2 Earnings