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Fly News Breaks for April 22, 2015
WIN, CSAL
Apr 22, 2015 | 07:15 EDT
Stephens initiated coverage on Communications Sales & Leasing Monday, but held off on assigning a rating until the stock began trading. The firm has an Overweight rating and $35 target on the shares, citing its advantage as the first telecom-focused REIT. Windstream Holdings (WIN) is spinning off Communications Sales & Leasing in a transaction expected to be completed this Friday after market close.
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