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Fly News Breaks for January 8, 2019
WIN, UNIT
Jan 8, 2019 | 05:19 EDT
Wells Fargo analyst Jennifer Fritzsche downgraded Uniti Group (UNIT) to Market Perform and lowered her price target for the shares to $17 from $23. The analyst is using the stock's 20% rally since December 26, 2018, to move to the sidelines. Fritzsche continues to favor Uniti's 13% dividend yield, however she has concerns over the company's leverage and its need for more investment in fiber. She also struggles to see how the company can fully diversify away from its reliance on Windstream (WIN).
News For UNIT;WIN From the Last 2 Days
UNIT
Apr 24, 2024 | 16:14 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
UNIT
Apr 24, 2024 | 13:04 EDT
