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Fly News Breaks for February 8, 2018
ZAYO
Feb 8, 2018 | 09:05 EDT
SunTrust analyst Greg Miller raised his price target on Zayo Group to $45 after better than expected Q2 earnings, saying the company showed signs of building momentum while gaining traction from last year's sales realignment. The analyst also points to the company's progress in separating Allstream and evaluating a REIT conversion, which should support the stock. Miller keeps his Buy rating on Zayo Group, stating that the company's fundamentals are improving.
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