Fly News Breaks for March 6, 2015
LMOS
Mar 6, 2015 | 07:40 EDT
Canaccord noted Lumos Networks reported mixed Q4 results, suspended its dividend, and moved away from legacy businesses toward new opportunities. The firm believes the turnaround is progressing nicely as the company accelerates its transition into a faster growth, fiber based business. Canaccord reiterated its Buy rating and $20 price target on Lumos Networks shares.
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