Benchmark downgraded Frontier Communications (FYBR) to Hold from Buy without a price target citing the pending buyout by Verizon (VZ).
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Read More on FYBR:
- Frontier Communications put volume heavy and directionally bearish
- Jana adds Lamb Weston during Q3, exits BlackLine
- M&A News: Verizon (NYSE:VZ) Is One Step Closer to Buying Frontier
- Frontier stockholders approve acquisition by Verizon
- Frontier says it disagrees with ISS, Glass Lewis recommendations
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
