ATEX - Anterix rises 3.3% as LightShed gets bullish on infrastructure play

Anterix (ATEX) is 3.3% higher after an initiation at Buy by LightShed Partners. The firm says that the combination freeze/power outages in Texas underscore a need for investments in critical U.S. infrastructure. "Reliability, security, safety and control are all key requirements of critical infrastructure, and each are by-products of a private wireless network," it says. And Anterix is in unique position to help by leasing low-band spectrum and offering support services, it adds. The firm has a $64 price target, now implying 44% upside.

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Anterix rises 3.3% as LightShed gets bullish on infrastructure play