Frontier Communications price target raised to $7 from $6 at BMO Capital BMO Capital increased its price target on Frontier Communications after the company reported in-line Q2 revenue but higher than expected free cash flow. The firm thinks the company's trends were positive overall and keeps an Outperform rating on the shares.
News For FTR From The Last 14 Days
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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.