UPDATE: Jefferies Increases PT to $26 on TW Telecom; Fiber Growth Continues

Loading...
Loading...
Jefferies increases its price target from $25 to $26 on Buy-rated TW Telecom
TWTC
as the fiber growth story remains intact. Jefferies notes, "We believe, tw telecom's 1Q12 results illustrated again that the company continues to gain share in the fiber and managed services market for medium to large enterprises. Furthermore, as TWTC evolves its strategy to grow customer wallet share in addition to market share, we believe margins should continue to steadily expand." TWTC closed at $22.69 on Wednesday.
Posted In: Analyst ColorPrice TargetReiterationPre-Market OutlookAnalyst RatingsJefferies
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...