JP Morgan Maintains Overweight on Frontier Communications, Lowers Price Target to $33
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Philip Cusick maintains an Overweight rating on Frontier Communications (NASDAQ:FYBR) but lowers the price target from $35 to $33.
September 15, 2023 | 3:30 pm
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JP Morgan maintains an Overweight rating on FYBR but lowers the price target from $35 to $33, which may impact investor sentiment.
The news is directly about FYBR and is likely to influence investor sentiment. While the Overweight rating is maintained, the lowering of the price target may indicate a slightly less optimistic outlook, potentially impacting the stock's short-term performance.
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IMPORTANCE 80
RELEVANCE 100