Wells Fargo analyst Jennifer Fritzsche downgraded Consolidated Communications to Market Perform from Outperform and lowered her price target for the shares to $11.25 from $13.50. The analyst also downgraded the Rural Local Exchange Carrier sector to Underweight from Market Weight. She believes Consolidated Communications has the ability to sustain its dividend. However, she is concerned that any sort of restructuring, or perception that a restructuring could occur with Frontier Communications (FTR), "could put a stain on the whole RLEC group." If Frontier has to do "some creative things" with its balance sheet, investors will look to who could be next and Consolidated Communications could be on that perceived list, Fritzsche tells investors in a research note.