Barclays Lifts Uniti Group Price Target to $11 as Award Boosts Outlook
Barclays raised its price target for Uniti Group to $11.00 from $8.00, positioning the new target in line with the stock’s recent trading near $11.05. The company’s solutions division won Americas Service Provider of the Year for a second consecutive year, highlighting robust secure network services performance.
1. Price Target Revision
Barclays raised its price target for Uniti Group to $11.00 from $8.00, reflecting increased confidence in the company’s cash flow and communication infrastructure assets.
2. Trading Performance
Uniti’s shares have traded between $5.30 and $11.06 over the past year, with recent trading near $11.05, aligning closely with the updated target.
3. Solutions Division Recognition
The company’s solutions division won Americas Service Provider of the Year for the second consecutive year, underscoring its leadership in delivering secure, high-performance network services.
4. Outlook and Upcoming Results
Uniti carries a market capitalization of about $2.64 billion and will release first-quarter 2026 results on May 11, as broader REIT valuations show signs of improvement.