Goldman Sachs Maintains Buy on Frontier Communications, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Brett Feldman has maintained a 'Buy' rating on Frontier Communications (NASDAQ:FYBR) but lowered the price target from $29 to $25.
November 02, 2023 | 1:37 pm
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Goldman Sachs has maintained a 'Buy' rating on FYBR but lowered the price target from $29 to $25.
While the 'Buy' rating is maintained, the lowering of the price target could indicate a potential decrease in the short-term performance of the stock. However, the impact is not necessarily negative as the 'Buy' rating is still in place.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100