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Windstream Holdings' $330M Asset Sale: What You Need To Know
Wednesday, January 2, 2019 - 12:14pm | 355Advanced network communications and technology solutions provider Windstream Holdings Inc (NASDAQ: WIN) said Monday that it sold its legacy EarthLink consumer internet business to Trive Capital for $330 million in cash. The internet business was acquired by Windstream Holdings in early 2017 as...
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Analysts Hold The Line On Switch After Q3 Earnings Miss
Wednesday, November 14, 2018 - 2:28pm | 596Data center operator Switch Inc (NYSE: SWCH) once again disappointed investors with a third-quarter earnings miss Tuesday. The Analysts Credit Suisse analyst Sami Badri reiterated an Outperform rating on Switch with a $14 price target. Citigroup analyst Michael Rollins maintained a...
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Raymond James: AT&T To Suffer Extended Overhang From DOJ Appeal
Friday, July 13, 2018 - 2:42pm | 513The U.S. Department of Justice filed to appeal its loss in the AT&T Inc. (NYSE: T)-Time Warner merger case late Thursday, and the stock continued to trade down 2 percent Friday. What Happened The government appealed AT&T's June victory in the U.S. District Court in Washington...
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Positive Sales Momentum, Probability Of REIT Conversion Fetch Zayo An Upgrade
Friday, April 13, 2018 - 12:46pm | 381Communication infrastructure services provider Zayo Group Holdings Inc (NYSE: ZAYO) is likely to see a payoff soon from its sales force transition efforts, according to Raymond James. The Analyst Analyst Frank Louthan upgraded shares of Zayo from Market Perform to Outperform with a $43...
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UPDATE: Raymond James Upgrades AT&T Following Acquisition Announcemnt
Monday, May 19, 2014 - 10:32am | 337In a report published Monday, Raymond James analyst Frank Louthan IV upgraded shares of AT&T (NYSE: T) from Market Perform to Outperform and set a $41.00 price target following Sunday's announcement that the company will acquire DIRECTV. In a press release on Sunday, the companies announced...
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Rackspace Analyst Roundup
Tuesday, May 13, 2014 - 4:00pm | 483Shares of Rackspace (NYSE: RAX) jumped higher after the company reported a 50 percent EPS beat and strong forward guidance. Tuesday, analysts from FBN, JMP, Pacific Crest and Raymond James gave their opinions of the results. FBN: Maintains Underperform Rating, Lowers Price Target to $30 FBN...
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UPDATE: Dish Shares Flat Despite Raymond James Upgrade
Friday, May 9, 2014 - 2:45pm | 180Shares of Dish (NASDAQ: DISH) are flat Friday despite a Raymond James upgrade. The firm’s Frank Louthan responded to Dish’s disappointing earnings Thursday morning, which subsequently sent shares down 4.02 percent. The analyst upgraded shares of DISH from Underperform to Market Perform. One...