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Morgan Stanley is Waiting for Revenue Acceleration on TW Telecom

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In a report published Monday, Morgan Stanley analyst Simon Flannery reiterated an Equal-Weight rating on TW Telecom (NASDAQ: TWTC).

In the report, Morgan Stanley noted, “TWTC closes out 2013 similar to how it opened it – in the middle of an investment cycle to reaccelerate revenue growth. While revenues are not expected to reaccelerate until mid 2014, TWTC is returning capital now through an ongoing buyback program.”

TW Telecom closed on Friday at $28.79.

Latest Ratings for TWTC

DateFirmActionFromTo
Aug 2014JefferiesMaintainsHold
Jun 2014Stephens & Co.DowngradesEqualweightUnderweight
Jun 2014DA DavidsonDowngradesBuyNeutral

View More Analyst Ratings for TWTC
View the Latest Analyst Ratings

Posted-In: Morgan Stanley Simon FlanneryAnalyst Color Reiteration Analyst Ratings

 

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