GTT Communications (GTT) Tops Q2 EPS by 3c

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GTT Communications (GTT) PT Lowered to $43 at Cowen Following In-Line 2Q

August 4, 2017 7:55 AM EDT

Cowen lowered its price target on GTT Communications (NYSE: GTT) to $43.00 (from $44.00) while maintaining a Outperform rating. GTT reported 2Q17 revenue/EBITDA results that were in-line with expectations. Revenue grew 9.2% Y/Y to $186.2MM vs. the Streets $186.8MME, which does include a small... More