Raymond James Upgrades Frontier Communications To Outperform

Analysts at Raymond James upgraded

from Market Perform to Outperform. The price target for Frontier Communications is set to $6. Frontier Communications shares have dropped 8.66 percent over the past 52 weeks, while the S&P 500 index has surged 9.66 percent in the same period. Frontier Communications' shares rose 1.86 percent to $5.48 in pre-market trading.