MoffettNathanson Maintains Outperform on Frontier Communications, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
MoffettNathanson analyst Nick Del Deo maintains an Outperform rating on Frontier Communications (NASDAQ:FYBR) but lowers the price target from $30 to $23.

June 02, 2023 | 10:47 am
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MoffettNathanson maintains an Outperform rating on Frontier Communications (NASDAQ:FYBR) but lowers the price target from $30 to $23.
The news of MoffettNathanson maintaining an Outperform rating on Frontier Communications indicates a positive outlook for the company. However, the lowering of the price target from $30 to $23 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100