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Fly News Breaks for December 8, 2015
FTR
Dec 8, 2015 | 08:01 EDT
Bernstein believes that Frontier's revenue is about to reach a positive turning point, driven by its acquisition of wireline assets from Verizon initially and then growth in broadband demand starting in 2018. The firm does not think this coming revenue rebound is totally reflected in the company's stock price. It keeps a $6 price target and Outperform rating on Frontier.
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