Macquarie Ups Zayo To Buy, Sees 23%+ Upside

Tech Trader Daily
By Teresa RivasNov 30, 2015, 3:37 pm147 pts
Zayo Group (ZAYO) is higher Tuesday, following an upgrade from Macquarie. Analysts Kevin Smithen and Will Clayton upgraded the fiber-optic connections provider’s stock to Outperform, and raised their target price by $2, to $30. They write that they’ve long liked the company and see strong underlying…

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