Where Frontier Communications Stands With Analysts
Portfolio Pulse from Benzinga Insights
In the last quarter, Frontier Communications (NASDAQ:FYBR) received mixed analyst ratings, with 1 bullish, 1 somewhat bullish, and 2 somewhat bearish. The company's average 12-month price target is $25.25, representing a 13.68% decrease from the previous average of $29.25.
May 30, 2023 | 3:08 pm
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NEUTRAL IMPACT
Frontier Communications (NASDAQ:FYBR) has mixed analyst ratings in the last quarter, with an average 12-month price target of $25.25, down 13.68% from the previous average.
The mixed analyst ratings for Frontier Communications indicate uncertainty in the stock's short-term performance. The decrease in the average 12-month price target suggests that analysts have become less optimistic about the company's future performance. However, the presence of both bullish and bearish ratings indicates that there is no clear consensus on the stock's direction, resulting in a neutral short-term impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100