Citi analyst Michael Rollins resumed coverage of Array Digital (AD) with a Buy rating and $37 price target The company has taken “positive steps to transform” by selling its wireless operations to T-Mobile and divesting spectrum, the analyst tells investors in a research note. The firm believes additional share value can be unlocked by completing the sale of pending spectrum transactions.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AD: