Shenandoah Telecommunications Co (NASDAQ: SHEN) upgraded to Outperform with price target $40 by FBR Capital
FBR Capital upgraded Shenandoah Telecommunications Co (NASDAQ: SHEN) to Outperform with price
target $40. FBR Capital rated Shenandoah Telecommunications Co (NASDAQ: SHEN) to Mkt Perform with price target $25 on 11/15/2013, when the price was $25.11.
Shenandoah Telecommunications Co
mpany is a holding company which provides a broad range of telecommunications services through its operating subsidiaries. The Company's operating subsidiaries provide local telephone, cable, Internet access, interexchange facilities, cellular and PCS services, along with many other associated services.
uses a highly disciplined analysis focused on intrinsic value, which we developed to critically examine the capital structure of the companies we cover, as well as their competitive positions and the growth opportunities within their industries. We apply this discipline – which helps us assess how effectively a company’s managers deploy the capital entrusted to them – not only in our published research but also when making investing and underwriting judgments.