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In a report published Tuesday, Morgan Stanley analyst Simon Flannery reiterated an Equal-Weight rating on
InteliquentIQNT.
In the report, Morgan Stanley noted, “Following a positive turnaround in 2013, Inteliquent looks to prudently grow its voice business in 2014. 2014 guidance is constructive, as it is benefiting from less competition and more rational pricing. With FCF margins nearing 26%, we are particularly interested in the plans for the cash.”
Inteliquent closed on Monday at $13.71.
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