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home / news releases / FYBR - Frontier Communications Parent Q4: Upgrading My Rating To Buy On Positive EBITDA Growth

FYBR - Frontier Communications Parent Q4: Upgrading My Rating To Buy On Positive EBITDA Growth

Frontier Communications Parent Inc.

2024-03-08 11:33:00 ET

Summary

  • I upgrade my rating to a buy due to expected positive EBITDA growth and improving financial outlook.
  • FYBR's expanding fiber footprint and increasing adoption of higher-margin services should drive ARPU and EBITDA growth.
  • Management guidance for at least 5% EBITDA growth in 2024 is achievable, marking a turnaround from past negative trends.

Overview

For further details see:

Frontier Communications Parent Q4: Upgrading My Rating To Buy On Positive EBITDA Growth
Stock Information
Company Name: Frontier Communications Parent Inc.
Stock Symbol: FYBR
Market: NASDAQ
Website: frontier.com
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