FairPoint Communications Reports 2016 First Quarter Results

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Go back to FairPoint Communications Reports 2016 First Quarter Results

Jefferies Remains Sidelined on FairPoint Communications (FRP) as In-Line 1Q Financials Pair with Strong Subscriber Results

May 5, 2016 10:03 AM EDT

Jefferies maintained a Hold rating on FairPoint Communications (NASDAQ: FRP), and cut the price target to $15.00 (from $18.00), following the company's 1Q earnings report. FRP reported in-line financial results with revenues of $206.8mn.

Analyst Mike McCormack commented, "FRP reported strong 1Q subscriber results, though financials... More

Drexel Hamilton Upgrades FairPoint Communications (FRP) to Buy

May 5, 2016 7:44 AM EDT

Drexel Hamilton upgraded FairPoint Communications (NASDAQ: FRP) from Hold to Buy.

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

Shares of FairPoint Communications closed at $13.50 yesterday.

... More