Frontier Communications (FTR) Declares $0.105 Quarterly Dividend; 12.7% Yield

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Go back to Frontier Communications (FTR) Declares $0.105 Quarterly Dividend; 12.7% Yield

Jefferies Reiterates Buy on Frontier Communications (FTR)

February 17, 2017 9:23 AM EST

Jefferies reiterated a Buy rating and $5.00 price target on Frontier Communications (NASDAQ: FTR) after adjusting estimates.

Analyst Scott Goldman commented, "We modestly reduce 4Q revenue and EBITDA, largely driven by a lower FiOS broadband net add outlook. Despite tempering our outlook, we anticipate... More