Gilford Securities Upgrades Knology: Buy

Gilford Securities upgraded its Knology (NASDAQ: KNOL) rating from Hold to Buy in a research report published today. Gilford Securities also increased its Knology price target from $16 to $19.

In the report, Gilford Securities states, "KNOL was the first to market in its small cities with video / voice / data package. It competes with larger, slower cable, so benefits from cable's poor service rep [KNOL picks up phone calls at avg. 20 sec.]. It's an easier duopoly than thought."

Shares of Knology were trading at $14.40 at the time of posting, up 9.84% from Tuesday's market close.