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Actionable news in ZAYO: ZAYO GROUP HOLDINGS Inc,

Drexel Hamilton's Sine Pounds Zayo Table: Reiterates Sell On Historical Behavior After Earnings

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Drexel Hamilton’s Barry M. Sine pointed out that Zayo Group Holdings Inc ZAYO 0.12% shares “have a history of rallying between earnings, and selling off on earnings days.”

The analyst reiterated a Sell rating on the company, with a price target of $20.

Stock Concerns

Sine believes Zayo Group’s roll-up acquisition strategy, along with its lower ROI dark fiber model, warrants a stock...