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Fly News Breaks for May 5, 2017
GTT
May 5, 2017 | 09:09 EDT
Cowen analyst Jonathan Charbonneau noted GTT Communications reported solid Q1 results including revenue and EBITDA ahead of expectations. He believes the results show the company is executing well on its strategy and is significantly undervalued. Charbonneau reiterated his Outperform rating and raised his price target to $40 from $36 on GTT Communications shares.
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