5 Analysts Assess Frontier Communications: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have provided mixed ratings for Frontier Communications (NASDAQ: FYBR) over the past three months, with all five analysts giving a 'Buy' rating. The average 12-month price target is $32.0, with a high of $39.00 and a low of $29.00. Despite a slight decrease in the average price target by 3.03%, the company has shown positive revenue growth but faces challenges in profitability and debt management.
July 01, 2024 | 12:00 pm
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Frontier Communications (NASDAQ: FYBR) received 'Buy' ratings from all five analysts over the past three months. The average 12-month price target is $32.0, with a high of $39.00 and a low of $29.00. Despite a slight decrease in the average price target by 3.03%, the company has shown positive revenue growth but faces challenges in profitability and debt management.
The unanimous 'Buy' ratings from analysts and the positive revenue growth indicate a favorable short-term outlook for FYBR. However, the slight decrease in the average price target and challenges in profitability and debt management may temper the optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100