Piper Jaffray Discontinues Coverage On Frontier Communications

Piper Jaffray has discontinued coverage on Frontier Communications (NYSE: FTR) due to a realignment of analyst resources.

In the report, Piper Jaffray writes "Investors should no longer rely on our last published rating, price target, model, or estimates on Frontier Communications as they will not be updated following the discontinuation of coverage date."

Frontier Communications closed yesterday $9.66.