Frontier Communications (FTR) Misses Q2 EPS by 19c, Miss on Revenues

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Frontier Communications (FTR) PT Adjusted to $18 at Cowen

August 2, 2017 6:30 AM EDT

Cowen adjusted its price target on Frontier Communications (NASDAQ: FTR) to $18.00 (from $2.00) while maintaining a Market Perform rating following Q2 results.

Analyst Colby Synesael commented, "FTR reported mixed 2Q17 results with slight downside on Consumer, slight upside on Commercial, weaker EBITDA margins, and... More