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Analysts at Pacific Crest began coverage on shares of GTT Communications (AMEX:GTT) in a research report issued to clients and investors on Wednesday. The firm set an “outperform” rating and a $16.00 price target on the stock. Pacific Crest’s price objective suggests a potential upside of 45.59% from the stock’s previous close.

GTT Communications (AMEX:GTT) opened at 10.99 on Wednesday. GTT Communications has a 52-week low of $3.50 and a 52-week high of $13.39. The stock has a 50-day moving average of $10.33 and a 200-day moving average of $9.25. The company’s market cap is $265.5 million.

Separately, analysts at William Blair initiated coverage on shares of GTT Communications in a research note on Tuesday. They set an “outperform” rating on the stock.

GTT Communications, Inc, formerly Global Telecom & Technology, Inc, is a global network integrator providing a portfolio of Wide-Area Network (AMEX:GTT), dedicated Internet access and managed data services.

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