Where Frontier Communications Stands With Analysts
Portfolio Pulse from Benzinga Insights
Frontier Communications (NASDAQ:FYBR) has received 5 analyst ratings in the last quarter, with 3 bullish, 2 somewhat bullish, and none bearish. The average price target is $31.4, representing an implied upside from the current price of $22.29. This target has decreased by 2.88% from the previous target of $32.33. Analysts rate stocks typically once per quarter, and these ratings provide investors with guidance but are subjective opinions.
December 07, 2023 | 3:00 pm
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POSITIVE IMPACT
Frontier Communications has a positive outlook from analysts with 5 favorable ratings and an average price target of $31.4, which is higher than the current price of $22.29.
The unanimous positive ratings from analysts suggest a bullish sentiment towards FYBR, which could lead to increased investor confidence and a potential rise in the stock price in the short term. The average price target being significantly higher than the current stock price further supports this potential upside. However, the slight decrease in the average price target may temper expectations slightly.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100