Inteliquent Upgraded On Solid Performance, Outlook

By | May 6, 2014

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Shares of Inteliquent (IQNT) were upgraded by BWS Financial after the provider of tandem interconnection services posted better-than-expected quarterly results and upped its full-year guidance. In a note, BWS analyst Hamed Khorsand said continued market share gains “propelled Inteliquent to report first-quarter results ahead of our forecasts. The company is not experiencing the level of competition it did in prior years as carriers gravitate to Scalper1 News

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