GTT Communications (GTT) Misses Q1 EPS by 26c, Beat on Revenues

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Go back to GTT Communications (GTT) Misses Q1 EPS by 26c, Beat on Revenues

GTT Communications (GTT) PT Raised to $40 at Cowen; Reiterates Outperform

May 5, 2017 8:26 AM EDT

Cowen raised its price target on GTT Communications (NYSE: GTT) to $40.00 (from $36.00) while maintaining a Outperform rating. GTT total revenue of $182.4MM vs. the Streets $178.8MME and EBITDA was $50.7MM (27.8%) vs. the Streets $49.2MME (27.5%).

Overall, analyst Jonathan Charbonneau believes that the... More