Uniti Group stock jumps 12% as Barclays lifts target, debt deals back in focus
Uniti Group shares surged 12.2% to $8.44 by early Friday afternoon, bucking declines in the S&P 500 and Nasdaq. Barclays raised its price target to $8 while keeping an Equal Weight rating. Investors are watching a $960 million fiber securitization set to close Jan. 30 and a $1 billion bond deal due Feb. 4, ahead of earnings on March 2.
