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Fly News Breaks for February 15, 2019
CBB
Feb 15, 2019 | 07:35 EDT
Morgan Stanley analyst Simon Flannery upgraded Cincinnati Bell to Equal Weight from Underweight but lowered his price target on the shares to $10 from $14. He sees the risk-reward being more balanced with the stock having declined 43% over the last twelve months, Hawaiian Telcom's 2019 outlook is better than he expected, and he sees potential upside from monetizing the CBTS segment, Flannery tells investors.
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