Frontier Communications Initiated With Outperform at Wolfe 
<p>Wolfe Research analysts initiated coverage on <a href='https://financialmodelingprep.com/financial-summary/FYBR'>Frontier Communications (NASDAQ:FYBR)</a> with an Outperform rating, setting a price target of $27.00 on the shares.</p>
<p>The analysts’ comments revolve around their investment thesis centered on Frontier's competitive edge in meeting the ever-increasing demand for consumer data. Frontier has a network that covers over 15 million homes, and they are actively upgrading more than 10 million of these homes to fiber. The analysts highlighted the advantages of fiber, including its superior speed and reliability, which contribute to its popularity among consumers. </p>
<p>Moreover, the analysts noted that fiber is future-proof and likely to remain scarce locally because latecomers to the fiber market often struggle to generate profits. This barrier to entry creates a favorable market position for premium residential broadband providers, leading to a quasi-duopoly structure with strong pricing power and incremental profit margins.</p>

NASDAQ:FYBR