Gabelli Downgrades Frontier Communications (FTR) to Hold

Go back to Gabelli Downgrades Frontier Communications (FTR) to Hold

BofA/Merrill Lynch Downgrades Frontier Communications (FTR) to Underperform

November 10, 2017 6:14 AM EST

BofA/Merrill Lynch downgraded Frontier Communications (NASDAQ: FTR) from Neutral to Underperform with a price target of $4.00 (from $19.00).

Analyst David Barden believes the dividend is now a quarter to quarter call on a dimmer outlook for FCF and "substantial towers of debt... More