GTT Communications (GTT) Reports Q4 Loss of $0.02/Share

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Go back to GTT Communications (GTT) Reports Q4 Loss of $0.02/Share

GTT Communications (GTT) PT Raised to $36 at Jefferies

March 9, 2017 6:49 AM EST

Jefferies raised its price target on GTT Communications (NYSE: GTT) to $36.00 (from $30.00) while maintaining a Buy rating. Total revenue of $136.5mn topped the Street estimates of $135.3mn. Adjusted EBITDA of $33.8mn also topped Street estimates of $32.5mn.

Analyst Scott Goldman commented, "Results came... More