Raymond James Downgrades Frontier Communications to Market Perform
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Frank Louthan has downgraded Frontier Communications (NASDAQ:FYBR) from Strong Buy to Market Perform.
October 28, 2024 | 12:14 pm
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Raymond James has downgraded Frontier Communications from Strong Buy to Market Perform, indicating a less optimistic outlook on the stock.
The downgrade from Strong Buy to Market Perform by a reputable analyst like Frank Louthan at Raymond James suggests a shift in sentiment, likely leading to a negative short-term impact on FYBR's stock price.
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