FairPoint Communications Reports 2016 First Quarter Results
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Jefferies Remains Sidelined on FairPoint Communications (FRP) as In-Line 1Q Financials Pair with Strong Subscriber Results
May 5, 2016 10:03 AM EDTJefferies maintained a Hold rating on FairPoint Communications (NASDAQ: FRP), and cut the price target to $15.00 (from $18.00), following the company's 1Q earnings report. FRP reported in-line financial results with revenues of $206.8mn.
Analyst Mike McCormack commented, "FRP reported strong 1Q subscriber results, though financials... More
Drexel Hamilton Upgrades FairPoint Communications (FRP) to Buy
May 5, 2016 7:44 AM EDTDrexel Hamilton upgraded FairPoint Communications (NASDAQ: FRP) from Hold to Buy.
For an analyst ratings summary and ratings history on FairPoint Communications click here. For more ratings news on FairPoint Communications click here.
Shares of FairPoint Communications closed at $13.50 yesterday.
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