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AT&T Shares Lower On Concerning TV Subscriber Trends
Wednesday, November 20, 2019 - 12:57pm | 450Credit card spending data shows slowing subscription rates for AT&T Inc.'s (NYSE: T) AT&T TV Now and DirecTV services and a drop in the number of subscribers for HBO in October, sending the company's stock lower on Wednesday. "While video monetization remains healthy,...
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KeyBanc Upgrades Charter Communications On Price Hike, Broadband Potential
Friday, October 4, 2019 - 11:09am | 303Given Charter Communications Inc’s (NASDAQ: CHTR) recent price increase, estimates for 2020 appear overly conservative, according to KeyBanc Capital Markets. The Analyst KeyBanc’s Brandon Nispel upgraded Charter Communications from Neutral to Overweight and established a price...
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Akamai Technologies Receives Downgrade Amid Streaming Excitement
Thursday, September 19, 2019 - 2:53pm | 451Akamai Technologies, Inc. (NASDAQ: AKAM) has received a downgrade amid the excitement around new streaming services. The Analyst KeyBanc’s Brandon Nispel downgrades from Overweight to Sector Weight with no assigned price target. The Thesis Akamai’s valuation reflects strong sentiment...
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KeyBanc: Tower Operators Are Key Beneficiaries Of 5G Networks
Monday, August 19, 2019 - 3:20pm | 466Tower operators could benefit from increased leasing driven by accelerated 5G activity and new entrants into the wireless arena, according to KeyBanc Capital Markets. The Analyst Brandon Nispel maintained Overweight ratings on American Tower Corp (NYSE: AMT) and SBA Communications Corporation (...
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GTT Communications's M&A Integration Beset By 'Miscues,' KeyBanc Says In Downgrade
Tuesday, July 2, 2019 - 1:54pm | 352GTT Communications Inc (NYSE: GTT) is facing speedbumps in its journey toward integration of the Interoute acquisition and capitalizing on organic growth opportunities, according to KeyBanc Capital Markets. The Analyst Brandon Nispel downgraded GTT Communications from Overweight to Sector...
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KeyBanc: Growth, Synergy Opportunities In Cable One-Fidelity Deal Justify Price Tag
Thursday, June 27, 2019 - 11:05am | 351Cable One Inc (NYSE: CABO) has continued to acquire cable systems and should be able to close its latest acquisition of Fidelity Communications at the start of of the fourth quarter, according to KeyBanc Capital Markets. The Analyst Brandon Nispel maintained an Overweight rating on Cable One and...
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KeyBanc Sees Positive Signs For Akamai Technologies In May Data
Wednesday, June 5, 2019 - 11:54am | 376 Contrary to widespread investor skepticism around the sustainability of Akamai Technologies, Inc. (NASDAQ: AKAM)'s growth and margin expansion, KeyBanc Capital Markets said its May data tracker indicates solid growth and potential upside to 2019 consensus estimates. The Analyst...
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Guggenheim, KeyBanc Remain Akamai Bulls After Q1 Beat
Wednesday, May 1, 2019 - 2:31pm | 517Akamai Technologies, Inc. (NASDAQ: AKAM) reported first-quarter results Tuesday that came in better than expected and prompted two Street analysts to reaffirm their bullish stances. The Analysts Guggenheim's Robert Gutman maintains a Buy rating on Akamai Technologies with an unchanged $85...
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Cable One's Strategic Positioning Is Underappreciated, KeyBanc Says In Upgrade
Tuesday, January 22, 2019 - 4:26pm | 401A strategic focus on broadband and commercial services has resulted in Cable One Inc (NYSE: CABO) posting adjusted EBITDA margins of around 47 percent and unlevered FCF margins of 27 percent, versus peer averages of around 39 percent and 23 percent, respectively, according to KeyBanc Capital...
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KeyBanc On Comcast: Uncertainty, Cheap Valuation Makes This A Buying Opportunity
Thursday, May 17, 2018 - 4:09pm | 428Comcast Corporation (NASDAQ: CMCSA) boasts a broadband business that's underappreciated by the market to the point where shares are trading at a near five-year low valuation, according to KeyBanc. The Analyst KeyBanc Capital Markets' Brandon Nispel assumed coverage of Comcast with an...
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No Cord Cutting: KeyBanc Prefers Cable Over Wireless In Broadband Picks
Thursday, May 17, 2018 - 10:40am | 544Cable stocks warrant a premium valuation, as the sector is a better business than wireless, KeyBanc Capital Markets said in an industrywide report. The Analyst KeyBanc's Brandon Nispel and Maddie Schrage initiated coverage of the following stocks: Altice USA Inc (NYSE: ATUS): Overweight...
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Buy The Dip In GTT Communications, KeyBanc Says In Upgrade
Friday, May 4, 2018 - 10:10am | 355GTT Communications Inc (NYSE: GTT) is a small player within the connectivity market, but there are five reasons why a bullish stance on the stock is warranted, according to KeyBanc Capital Markets. The Analyst KeyBanc's Brandon Nispel upgraded GTT Communications from Sector Weight...
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KeyBanc Upgrades Akamai Technologies As Focus Turns To Margin Expansion
Thursday, March 15, 2018 - 8:58am | 427An activist investor campaign that's targeting margin expansion at Akamai Technologies, Inc. (NASDAQ: AKAM) led KeyBanc Capital Markets to drop its bearish stance on the cloud services company. The Analyst KeyBanc's Brandon Nispel upgraded Akamai...
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KeyBanc Upgrades Sprint After 'Better Than Feared' Report
Monday, February 5, 2018 - 9:55am | 425Sprint Corp (NYSE: S)'s third-quarter earnings report last week sent the stock higher by more than 5 percent Friday and prompted KeyBanc Capital Markets to upgrade the stock's rating. The Analyst KeyBanc Capital Markets' Brandon Nispel upgraded Sprint from Underweight to Sector...
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Analyst: Multiple Expansion Less Likely For GTT Communications
Thursday, January 18, 2018 - 1:44pm | 344Telecommunications and internet services provider GTT Communications Inc (NYSE: GTT) is likely to see only modest potential upside near term from multiple expansion, according to KeyBanc Capital Markets. The Analyst KeyBanc analyst Brandon Nispel downgraded shares of GTT Communications from...