UPDATE: Hudson Square Downgrades Frontier to Hold

According to Hudson Square, Frontier

is downgraded to Hold Hudson Square said that it is downgrading Frontier stock from Buy to Hold. “The 4Q results weren't terrible 0 revenue beat our estimate by 1% while EBITDA missed by 2%. The 2012 outlook was also ok – our 2012E EBITDA of $2.42 billion was within the guidance range.” Frontier closed yesterday at $4.63.