Gilford Securities Upgrades Knology: Buy

Gilford Securities upgraded its Knology KNOL rating from Hold to Buy in a research report published today. Gilford Securities also increased its Knology price target from $16 to $19. In the report, Gilford Securities states, "KNOL was the first to market in its small cities with video / voice / data package. It competes with larger, slower cable, so benefits from cable's poor service rep [KNOL picks up phone calls at avg. 20 sec.]. It's an easier duopoly than thought." Shares of Knology were trading at $14.40 at the time of posting, up 9.84% from Tuesday's market close.
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Posted In: Analyst ColorUpgradesPrice TargetAnalyst RatingsBroadcasting & Cable TVConsumer Discretionarygilford securities
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