Frontier Communications downgraded to Sell from Neutral at Citigroup Citigroup downgraded Frontier Communications (FTR) to Sell and lowered its price target for shares to $3.50 from $5.00 on concerns the company will experience further cash flow pressure in the coming years from legacy revenue erosion and increasing competition.
News For FTR From The Last 14 Days
Check below for free stories on FTR the last two weeks.
Frontier Communications CFO sees CapEx within guidance for FY Says plans to put $3B into network over next four years. Says adding headcount for Frontier Secure over next few quarters. Comments made at the Goldman Sachs Communacopia Conference.