-
What The Sprint, T-Mobile Merger Trial Means For Investors
Monday, December 2, 2019 - 11:55am | 770With a lawsuit filed by states seeking to block the $26.5 billion merger between T-Mobile Us Inc (NASDAQ: TMUS) and Sprint Corp (NYSE: S) set to go to trial Dec. 9, key questions remain for investors. Bank of America Merrill Lynch analyst David Barden spelled out in a note to investors what they...
-
Sell-Side On Elliott's Suggestions For AT&T: Already Working On It, Impact Likely Limited
Tuesday, September 10, 2019 - 11:48am | 761Sell-side analysts said Tuesday that much of what activist investor Elliott Management is suggesting for AT&T Inc. (NYSE: T) is already being contemplated — but public criticism from the new investor might make the company more aggressive and forthcoming about its plans....
-
HBO To The Max: Analysts Await Critical Pricing Info On New Subscription Streaming Service
Wednesday, July 10, 2019 - 2:04pm | 551WarnerMedia and parent company AT&T Inc. (NYSE: T) on Tuesday offered new details about its upcoming streaming service, to be called HBO Max, including a spring 2020 launch date, but sell-side analysts continue to await more information, including critical info about price. The new...
-
BofA Bullish On AT&T: 'The Network Has Never Performed Better'
Monday, June 24, 2019 - 2:04pm | 471AT&T Inc. (NYSE: T) has attractive cash flow and dividend yields and is upbeat on its wireless business, according to Bank of America Merrill Lynch. The Analyst David Barden maintained a Buy rating on AT&T with a $37 price target. The Thesis After meeting David Christopher, the...
-
Analysts: AT&T Earnings Weren't That Bad
Thursday, January 31, 2019 - 11:48am | 508AT&T, Inc. (NYSE: T) dropped 4.3 percent Wednesday after the company missed consensus estimates for revenue and wireless subscribers in the fourth quarter. AT&T’s revenue of $47.99 billion missed estimates of $48.5 billion. AT&T also reported net additions of 134,000 phone...
-
BoA Upgrades AT&T: 'The Landscape Has Dramatically Changed'
Monday, July 30, 2018 - 9:43am | 415With the strain of the Time Warner trial now behind it, AT&T Inc. (NYSE: T) is back in favor with some Street analysts. The Rating Bank of America Merrill Lynch's David Barden and three other analysts upgraded AT&T from Neutral to Buy and maintained a $37 price target. The...
-
Wall Street Reacts To Sprint, T-Mobile Merger
Monday, April 30, 2018 - 3:59pm | 497The big news on Wall Street on Monday is the official merger agreement between T-Mobile Us Inc (NASDAQ: TMUS) and Sprint Corp (NYSE: S) announced over the weekend. Here’s a look at what Wall Street has to say about the deal. Voices From The Street Wells Fargo analyst Jennifer Fritzsche is...
-
AT&T's Deal With Time Warner Will Create An Overhang For Bulls
Thursday, July 13, 2017 - 11:08am | 403With the AT&T Inc. (NYSE: T) and Time Warner Inc (NYSE: TWX) merger likely coming soon, Bank of America Merrill Lynch analyst David Barden sees this deal creating an overhang for AT&T investors. “We are moving our AT&T rating from Buy to Neutral and lowering our PO from $46 to $...
-
Expect A Robust Expansion Plan From Interxion Holding, Says Bank Of America
Tuesday, June 21, 2016 - 3:45pm | 237Bank of America Merrill Lynch analysts see a strong expansion plan from Interxion Holding NV (NYSE: INXN). The brokerage boosted its price objective on shares to $39.00 from $36.00. "Our revised price objectives are based on a more constructive outlook with regard to near term pricing and...
-
Bank Of America Comments On AT&T's Lusacell Acquisition
Monday, November 10, 2014 - 10:17am | 195Following the November 7 announcement that AT&T Inc. (NYSE: T) has agreed to acquire Mexican wireless operator Lusacell for $2.5 billion, Bank of America analyst David Barden issued a note describing his take on the deal. Barden began by noting Lusacell has approximately 8.6 million...