Wells Fargo analyst Jennifer Fritzsche said she has received many questions on Zayo’s price performance this morning, noting that she believes the weakness is likely due to the fact that the company is moving to schedule meetings at the NAREIT conference on June 3-6 in NYC. She thinks investors are viewing this news as negative for the company’s strategic alternative options, but she contends that the timing of setting up meetings is “not odd or unexpected” and would argue it would be highly unusual for the company to ignore requests for meetings at the event. Investors “are connecting dots which likely should not be connected” and reading a NAREIT appearance as a sign that strategic plans are being shelved is “an incorrect conclusion,” the analyst tells investors.