Shenandoah Shares Trade Lower Following Rating Downgrade
Raymond James analyst Frank Louthan downgraded Shenandoah Telecommunications Co (NASDAQ: SHEN ) from Strong Buy to Market Perform following the stock recovery and surpassing Louthan''s previous $25 price target. He believes the shares more closely reflect fair value after the ~37% return from his May upgrade. At current group valuations, he views other SMID-cap cable … Full story available on Benzinga.com
Shenandoah Shares Trade Lower Following Rating Downgrade
Raymond James analyst Frank Louthan downgraded Shenandoah Telecommunications Co (NASDAQ: SHEN ) from Strong Buy to Market Perform following the stock recovery and surpassing Louthan''s previous $25 price target. He believes the shares more closely reflect fair value after the ~37% return from his May upgrade. At current group valuations, he views other SMID-cap cable … Full story available on Benzinga.com