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Strategies & Market Trends : The Aristocrats(tm): Market Dogs

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From: sense2/6/2012 6:21:04 PM
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FTR in the news.

"Piper Jaffray initiated coverage on shares of Frontier Communications (FTR) and Windstream (WIN) with neutral ratings. Piper set a $5 price target on shares of Frontier and noted that the dividend may not be sustainable at these levels"... Forbes

How you come up with "neutral", and a price target that is 10% higher than where the issue trades (as the chart pattern shows it, ah, ummm, you know... that price staying below the descending 50/60 MA... while also noting that the dividend may not be sustainable ? The hope for the dividend is probably the only thing still keeping this issue as high as it is. Tell me the new divvie... and I'll give you a new target price... but, won't be in the least bit surprised if it's something pretty near to what I've already outlined...
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