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Fly News Breaks for March 10, 2017
CNSL
Mar 10, 2017 | 06:35 EDT
Raymond James Frank Louthan upgraded Consolidated Communications to Outperform from Market Perform and established a $26 price target following Q4 results and the announced FairPoint acquisition. The analyst said the FairPoint acquisition appears attractive and believes its fiber investments are not fully utilized and that Consolidated can execute on these assets faster and more effectively than Fairpoint alone.
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