Uniti Group downgraded by Raymond James with a new price target
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Raymond James downgraded Uniti Group from Strong Buy to Outperform and set a new price target of $6.00 from $8.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 5/6/2024 | $8.00 → $6.00 | Strong Buy → Outperform | Raymond James |
| 11/7/2023 | $3.50 | Neutral → Underperform | BofA Securities |
Third Quarter Consolidated Bookings Monthly Recurring Revenue of $0.9 Million Increased Over 20% From Prior Year Updates 2024 Outlook Net Income of $12.2 Million for the Third QuarterNet Income of $0.05 Per Diluted Common Share for the Third QuarterAFFO of $0.33 Per Diluted Common Share for the Third Quarter LITTLE ROCK, Ark., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti" or the "Company") (NASDAQ:UNIT) today announced its results for the third quarter 2024. "We continue to see solid demand for our mission critical fiber infrastructure at Uniti with consolidated bookings of nearly $1 million in monthly recurring revenue during the quarter. Demand from our Hyperscaler cust
LITTLE ROCK, Ark., Oct. 03, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti") (NASDAQ:UNIT) announced today that it will report its third quarter 2024 financial results prior to the opening of trading on the Nasdaq Stock Exchange on October 31, 2024. A conference call to discuss those earnings will be held the same day at 8:30 AM Eastern Time. The conference call will be webcast live on Uniti's Investor Relations website at investor.uniti.com. Those parties interested in participating via telephone may register on the Investor Relations website or by clicking here. A replay of the call will also be made available on the Investor Relations website. ABOUT UNITI Uniti, an internally ma
NEW YORK, Sept. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the third quarter of 2024. This quarter, there are constituent changes within three of our indexes: the KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY). These changes will be effective prior to the opening of business
8-K - Uniti Group Inc. (0001620280) (Filer)
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10-Q - Uniti Group Inc. (0001620280) (Filer)
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SC 13G/A - Uniti Group Inc. (0001620280) (Subject)
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Raymond James downgraded Uniti Group from Strong Buy to Outperform and set a new price target of $6.00 from $8.00 previously
BofA Securities downgraded Uniti Group from Neutral to Underperform and set a new price target of $3.50
Morgan Stanley reiterated coverage of Uniti Group with a rating of Underweight and set a new price target of $9.50 from $6.00 previously
LITTLE ROCK, Ark., Jan. 17, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the "Company," "Uniti," or "we") (NASDAQ:UNIT) today announced that Uniti Fiber ABS Issuer LLC and Uniti Fiber TRS Issuer LLC, limited-purpose, bankruptcy remote subsidiaries of Uniti (collectively, the "Issuers"), have priced their offering of $589,000,000 aggregate principal amount of secured fiber network revenue term notes, consisting of $426,000,000 5.9% Series 2025-1, Class A-2 term notes, $65,000,000 6.4% Series 2025-1, Class B term notes and $98,000,000 9.0% Series 2025-1, Class C term notes, each with an anticipated repayment date in April 2030 (collectively, the "Notes"). Collectively, the Notes have a weighte
LITTLE ROCK, Ark., Jan. 09, 2025 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the "Company," "Uniti," or "we") (NASDAQ:UNIT) today announced that Uniti Fiber ABS Issuer LLC and Uniti Fiber TRS Issuer LLC, limited-purpose, bankruptcy remote subsidiaries of Uniti (collectively, the "Issuers"), have commenced an offering of $589,000,000 aggregate principal amount of secured fiber network revenue term notes (the "Notes"), subject to market conditions and other factors. The Notes will have an anticipated repayment date in April 2030. The Notes will be secured by certain fiber network assets and related customer contracts in the State of Florida and the Gulf Coast region of Louisiana, Mississippi and A
LITTLE ROCK, Ark., Dec. 12, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. ("Uniti") (NASDAQ:UNIT) today announced the pricing of $1.4 billion aggregate principal amount of additional 8.250% Senior First Lien Notes due 2031 (the "Additional Windstream Notes") by Windstream Services, LLC and Windstream Escrow Finance Corp. (collectively, the "Windstream Co-Issuers"), each a subsidiary of Windstream Holdings II, LLC ("Windstream"). The Additional Windstream Notes will constitute a further issuance of the Windstream Co-Issuers' 8.250% Senior First Lien Notes due 2031, which were issued on October 4, 2024. The offering of the Additional Windstream Notes is expected to close on December 23, 2024, su