SunTrust Robinson Believes GTT Communications (NYSE MKT: GTT) Won’t Stop Here

By Carrie Williams

SunTrust Robinson analyst Gregory Miller reiterated a Buy rating on GTT Communications (NYSE MKT: GTT) yesterday and set a price target of $45. The company’s shares opened today at $40.05, close to its 52-week high of $41.

According to TipRanks.com, Miller is a 5-star analyst with an average return of 10.2% and a 67.9% success rate. Miller covers the Technology sector, focusing on stocks such as Interxion Holding NV, Zayo Group Holdings, and magicJack VocalTec.

GTT Communications has an analyst consensus of Strong Buy, with a price target consensus of $42.

The company has a one-year high of $41 and a one-year low of $22.95. Currently, GTT Communications has an average volume of 372.5K.

Based on the recent corporate insider activity of 131 insiders, corporate insider sentiment is neutral on the stock.

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GTT Communications, Inc. engages in the provision of telecommunication services. It provides cloud networking services to multinational clients. Its products include wide area network services, internet services, managed network and security, as well as voice and unified communication services.