According to Hudson Square, Frontier FTR 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.
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