Deutsche Bank Reiterates TW Telecom Buy (TWTC)

Deutsche Bank reiterated its TW Telecom TWTC Buy rating in a research report published today. In the report, Deutsche Bank states, "We expect TWTC to report in-line 4Q10 results, reflecting modest QoQ revenue growth as the carrier continues to win share in the business market. While we see limited upside potential to 4Q numbers due to a small number of previously disclosed customer losses, we expect growth to accelerate in 2011 as record booking trends during 2010 convert into new revenues. We also expect TWTC to provide 2011 capex guidance, which will likely reflect an outlook for another solid year of new customer installations." TW Telecom shares were at $17.60 at the time of posting, down 0.96% from Friday's market close.