Philip Cusick

Shares of Gogo Inc (NASDAQ: GOGO), a provider of broadband connectivity solutions for the business aviation market, are "more than fully valued" after rising nearly 40% since the start of 2021, according to JPMorgan. The Gogo Analyst: Philip Cusick downgraded Gogo's stock from...

The bullish case for Verizon Communications Inc. (NYSE: VZ) is based on six catalysts that will help growth "pick up" in 2021, according to JPMorgan. The Analyst: Philip Cusick upgraded Verizon's stock from Neutral to Overweight with a price target lifted from $61 to $65. The...

Intelsat SA (NYSE: I) shares tanked another 20% on Tuesday after Federal Communications Commission Chairman Ajit Pai publicly declared his support for Congress to hold public auctions for Intelsat’s C-Band spectrum. Intelsat and other spectrum holders have been pushing to hold a private...

Intelsat SA (NYSE: I) shares are down 38% in the past two sessions. The stock got a high-profile downgrade Wednesday on concerns about Intelsat’s proposed private spectrum auction proposal. Luxembourg-based Intelsat and SES have partnered with Canadian company Telesat to propose a private...

Sell-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....

Intelsat SA (NYSE: I) shares have plunged on adverse news related to the company’s C-Band Alliance. The recent obstacles in the path to C-Band spectrum sale are not surprising, and the market seems to be underpricing the likelihood of CBA eventually making a spectrum sale and "reaping...

AT&T Inc. (NYSE: T) was upgraded by two Street analysts Monday, while Verizon Communications Inc. (NYSE: VZ) caught a downgrade from JPMorgan that came with a projection of flat EPS growth.  The Analyst JPMorgan analyst Philip Cusick downgraded Verizon from Overweight to Neutral and...

Earnings season is around the corner and telecom companies will be reporting their results within the next two weeks. Here's what JPMorgan is expecting.  The Analyst JPMorgan's Philip Cusick: Maintains AT&T Inc. (NYSE: T) at Neutral with an unchanged $36 price target. Maintains...

Verizon Communications Inc (NYSE: VZ) remains one of the highest-quality providers in wireless and should be on “stable footing” as 5G opportunities begin to crystalize, according to JPMorgan.  The Analyst JPMorgan's Philip Cusick upgraded Verizon from Neutral to Overweight...

JPMorgan has downgraded tower operator SBA Communications Corporation (NASDAQ: SBAC) to Neutral from Overweight on slower domestic and international growth. "While we like SBAC and the tower business long term, with lower estimates the stock now trades relatively in-line with peers and we don't see...

JPMorgan's Philip Cusick upgraded the rating for Charter Communications, Inc. (NASDAQ: CHTR) from Neutral to Overweight, with a price target of $210. He maintained an Overweight rating for Time Warner Cable Inc (NYSE: TWC), with a price target of $194. Charter Communications has agreed to...