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Fly News Breaks for August 27, 2015
SHEN
Aug 27, 2015 | 07:31 EDT
As previously reported, Raymond James upgraded Shenandoah to Outperform from Market Perform with a $45 price target. The firm believes Shenandoah will be able to deploy 4G LTE into NTELOS (NTLS) markets quickly and meaningfully grow subscribers, revenues and EBITDA. Additionally, Raymond James believes the company can expand its wireless footprint with Sprint and monetize the tower portfolio.
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