Michael Rollins

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....

Centurylink Inc (NYSE: CTL), the second largest U.S. communications provider to global enterprise customers, reported mixed fourth-quarter results and management slashed its dividend payout by 50 percent. Wells Fargo: Pain For Long-Term Gain High dividend companies like Centurylink within the...

AT&T Inc. (NYSE: T) has an attractive risk-reward profile, Citi said an upgrade. The Analyst Analyst Michael Rollins upgraded AT&T from Neutral to Buy rating and maintained a $34 price target. The Thesis AT&T should benefit from a "measured" promotional environment in wireless...

Data 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...

Shares of Sprint Corp (NYSE: S) lost more than 12 percent Monday morning and hit a new 52-week low of $5.72 after it was confirmed that ongoing merger talks with T-Mobile US Inc (NASDAQ: TMUS) ended with no agreement reached. Here's how some of Wall Street's notable analysts reacted:...

Citi initiated coverage of Switch Inc (NYSE: SWCH) with a Neutral rating and a $20 price target. The firm attributed its Neutral stance to the premium valuation of the company's shares. Analyst Michael Rollins noted Switch shares were trading at a premium on FV/OIBDA and P/AFFO multiples versus...

Amazon.com, Inc. (NASDAQ: AMZN) is reportedly in talks with DISH Network Corp (NASDAQ: DISH) to become a “foundational customer” for the satellite provider’s upcoming Internet of Things (IoT) network ━ so what’s the big deal? “The idea of Amazon partnering with DISH...

Citi’s Michael Rollins believes Sprint Corp (NYSE: S)'s advertising campaign is helping to drive higher store traffic. Rollins maintains a Neutral rating on the company, while raising the price target from $6 to $7. Effective Marketing The analyst also expects better gross additions, partly...

Level 3 Communications, Inc. (NYSE: LVLT) is expected to release its 2Q16 results on July 27. Citi’s Michael Rollins maintained a Buy rating on Level 3, with a price target of $66, saying that the company would likely report solid results. 2Q Results Preview Analyst Michael Rollins...

Shares of Level 3 Communications, Inc. (NYSE: LVLT) hit a new 52-week high of $57.59 and gained more than 4 percent on Wednesday after Benzinga Pro reported that an industry source said the company is exploring strategic alternatives, including a sale of itself. Michael Rollins of Citi Research...

While noting that tower stocks had rallied 9 percent over the past month and 15 percent year-to-date, Citi’s Michael Rollins said in a report that this was the right time to focus on buying the cheaper assets. Analyst Michael Rollins expects domestic tower site leasing growth to continue...

AT&T Inc. (NYSE: T) shares have climbed 6 percent in the past month. Citi’s Michael Rollins downgraded the rating on the company from Buy to Neutral, citing largely valuation. The price target has been raised from $42 to $46. The low interest rate environment, favorable cost cutting...

Verizon Communications Inc. (NYSE: VZ), in conjunction with INCOMPAS, an organization that represents competitive telecom firms, wrote a letter to the FCC on June 27, outlining a “grand bargain” on the special access proceeding related to business data services. Citi’s Michael...

Citi's Michael Rollins upgraded Vonage Holdings Corp. (NYSE: VG) to Buy, while nearly doubling the price target from $4.75 to $8.00. The analyst saw a favorable "risk-reward scenario" to improve business revenue growth, "harvest cash flow and generate favorable free cash flow yield at over 10...