Deutsche Bank Maintains Hold Rating On PAETEC Holding

According to Deutsche Bank, PAETEC Holding PAET reports 1Q11 results on Thursday, May 5th Deutsche Bank said that it expects PAET to report strong growth and margin expansion in 1Q primarily due to full quarter contributions from Cavalier and other small tuck-in acquisitions. “Adjusting for these contributions, PAET still expects to return to positive organic revenue growth in 2011. Based on added risk associated with the integration of acquisitions, however, we maintain our HOLD rating heading into 1Q.” PAETEC Holding closed yesterday at $3.27.