Bernstein Upgrades Frontier Communications To Outperform

Bernstein upgraded

from Market Perform to Outperform. The price target for Frontier Communications has been lowered from $7.08 to $6.00. Frontier Communications shares have dropped 14.39 percent over the past 52 weeks, while the S&P 500 index has surged 7.33 percent in the same period. Frontier Communications' shares rose 1.64 percent to $4.96 in pre-market trading.