Lumos Networks (LMOS) Tops Q2 EPS by 2c

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Jefferies Upgrades Lumos Networks (LMOS) to Buy

August 4, 2016 7:41 AM EDT

Jefferies upgraded Lumos Networks (NASDAQ: LMOS) from Hold to Buy with a price target of $16.00 (from $15.00).

Analyst Scott Goldman commented, "We upgrade shares of LMOS from Hold to Buy, raising our price target to $16 (36% upside). While 2Q results met expectations, we are... More