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Cogent Communications Faces Setback: Analyst Downgrades Stock Due To Delayed Growth
Wednesday, August 21, 2024 - 12:24pm | 338On Monday, Cogent Communications Holdings Inc (NASDAQ:CCOI) received a price target increase from Citigroup analyst Michael Rollins. While wavelengths remain a longer-term growth opportunity, the company has fallen behind schedule, according to BofA Securities. Analyst David Barden downgraded the...
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AT&T Makes Strong Start To The Year: Analysts Dial Into Q1 Results
Thursday, April 25, 2024 - 2:40pm | 515AT&T Inc (NYSE:T) reported an earnings beat for the first quarter, while its revenues remained flat. The results came amid an exciting earnings season. Here are some key analyst takeaways from the release. Scotiabank On AT&T Analyst Maher Yaghi reiterated a Sector Outperform rating while...
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Don't Expect Dish Network To Hit 'Cruising Speed' Until 2024, Analyst Says
Tuesday, February 28, 2023 - 1:02pm | 237Shares of Dish Network Corp (NASDAQ: DISH) crashed in early trading on Tuesday, after declining last week. While the company has spent heavily on building its own wireless network, facing several technological challenges, it is unlikely to “hit cruising speed until 2024," according to...
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7 Dividend Stocks To Buy That Analysts Love: AT&T, Best Buy And More
Monday, May 23, 2022 - 5:49pm | 1055The S&P 500 has slumped to open 2022, and rising interest rates could further pressure stock valuations in coming months. Whether the market is up, down or sideways, dividends are one steady, reliable source of income for investors, but dividends are only as reliable as the companies that pay...
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6 S&P 500 Dividend Stocks To Buy With 4% Yields: AT&T, IBM And More
Tuesday, April 19, 2022 - 3:01pm | 884When the stock market is volatile and unpredictable, one of the few things investors can rely on is a quarterly dividend from a high-quality stock. The S&P 500 average dividend yield is currently 1.4%, but there are a handful of quality S&P 500 stocks with dividend yields above 4%....
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5 Best Real Estate Stocks To Buy
Tuesday, March 22, 2022 - 12:30pm | 763Real estate can be one of the best ways to hedge against inflation, but buying and selling property, houses, businesses or other real-world real estate is impractical for many smaller investors. Fortunately, there are plenty of real estate sector stocks and real estate investment trusts (REITs)...
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Why Are Company Insiders Buying These 7 S&P 500 Stocks?
Tuesday, March 8, 2022 - 4:07pm | 1091Most investors are likely familiar with the adage, "actions speak louder than words." That saying certainly applies to the executives and other corporate insiders buying and selling shares of their own company's stock. It's part of an executive's job to paint a rosy public...
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'Still A Beat And Raise Story': Wall Street Cheers T-Mobile Following Earnings Beat
Wednesday, May 5, 2021 - 1:15pm | 595T-Mobile US Inc (NASDAQ: TMUS) traded higher by 3.9% on Wednesday after the company reported a first-quarter earnings beat and impressive subscriber growth numbers. For the first quarter, T-Mobile reported adjusted EPS of 74 cents on revenue of $19.8 billion. Both numbers beat consensus analyst...
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Why BofA Analyst is Bullish About AT&T Stock After Earnings Report
Thursday, April 22, 2021 - 2:10pm | 264AT&T Inc. (NYSE: T) reported its first-quarter revenues and earnings ahead of expectations. The focus of the results was on wireless subscriber growth, given the company’s better-than-expected net additions in the quarter, according to BofA Securities. The AT&T Analyst: David Barden...
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Analyst Still Bullish On AT&T Despite Leverage, Dividend Concerns
Monday, December 21, 2020 - 12:56pm | 289AT&T Inc’s (NYSE: T) share price seems to price in only negative news, including investor concerns around T-Mobile Us Inc (NASDAQ: TMUS) taking share, disruption in the media business, and the C-band auction, according to BofA Securities. The AT&T Analyst: David Barden maintained...
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AT&T Earnings Show 'Solid Sequential Momentum'
Thursday, October 22, 2020 - 10:21am | 378AT&T Inc. (NYSE: T) shares traded higher by 5.5.% after the company reported third-quarter earnings on Thursday morning. The Numbers: AT&T reported adjusted EPS of 76 cents, in-line with consensus analyst estimates. The company also reported revenue of $42.3 billion, beating analyst...
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Selling DirecTV Could Simplify AT&T's Business: BofA Analyst
Monday, August 31, 2020 - 2:02pm | 388AT&T Inc. (NYSE: T) is in talks with private equity investors to potentially sell its DirecTV business, The Wall Street Journal reported Friday. AT&T’s efforts to sell its stake in the satellite TV unit may outweigh the financial benefits expected from the sale,...
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BofA Breaks Down Verizon's Q2 Earnings Beat
Friday, July 24, 2020 - 11:38am | 352Verizon Communications Inc. (NYSE: VZ) reported second-quarter results before the market open Friday, and they were mostly ahead of expectations, according to BofA Securities. The Verizon Analyst: David Barden maintained a Buy on Verizon Communications with a $64 price target. The Verizon...
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Cord Cutters Haven't Killed The Cable Industry — It's Bringing Them Their Broadband
Thursday, January 16, 2020 - 1:07pm | 486Remember how the cable industry was going to crash as subscribers cut the cord and started streaming everything? Turns out the cable industry is a key player in streaming, too, providing a lot of broadband access to bring internet into homes. The Broadband Bull Case Morgan Stanley analyst Benjamin...
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Analyst: AT&T Is The Top Telecom Pick For 2020
Tuesday, December 17, 2019 - 12:20pm | 505While the proposed merger of Sprint Corp (NYSE: S) and T-Mobile US Inc (NASDAQ: TMUS) and the ongoing move to a 5G future will dominate the telecom landscape in 2020, it's another player — the sector's iconic link to the past, AT&T Inc. (NYSE: T) — that investors should...