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Six stock analysts initiated coverage Wednesday on Zayo Group Holdings (ZAYO) with buy ratings on the telecom network operator. Zayo operates fiber-optic networks in metropolitan areas as well as between cities. It leases fiber-optic cables to wireless phone companies and other customers. It also operates 27 data centers. Morgan Stanley rated Zayo overweight. William Blair, Oppenheimer and RBC Capital rated Zayo outperform, while Citigroup and Scalper1 News
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