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With Valuation Priced In, Morgan Stanley Downgrades Verizon
Wednesday, December 12, 2018 - 1:59pm | 435Read More...Verizon Communications Inc. (NYSE: VZ) has gained 11 percent in 2018 and outperformed the S&P 500 index by 12.6 percent and rival AT&T Inc. (NYSE: T) by 35 percent, according to Morgan Stanley. The Analyst Morgan Stanley's Simon Flannery downgraded Verizon from Overweight to Equal-...
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AT&T Analyst Day: WarnerMedia Integration, Streaming On The Street's Mind
Friday, November 30, 2018 - 1:27pm | 581Read More...Analysts are parsing key questions about AT&T Inc. (NYSE: T) after the telecom company's analyst day, including the progress of the WarnerMedia integration and wireless services performance. The Analysts Wells Fargo analyst Jennifer M. Fritzsche maintained an Overweight rating...
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Wall Street Reacts To Sprint, T-Mobile Merger
Monday, April 30, 2018 - 3:59pm | 497Read More...The 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...
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Sprint And T-Mobile To Merge In $26 Billion Deal: What You Need To Know
Monday, April 30, 2018 - 8:13am | 511Read More...The dynamics within the U.S. telecom industry may change after the on-again, off-again merger talks between Sprint Corp (NYSE: S) and T-Mobile Us Inc (NASDAQ: TMUS) resulted in a merger agreement. What Happened T-Mobile and Sprint agreed to combine in a $26 billion all-stock deal in which T-...
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Globalstar's Portfolio Has Potential, But Monetization Is Key, Morgan Stanley Says
Wednesday, April 11, 2018 - 10:14am | 370Read More...The significant discounted valuation the markets have ascribed to Globalstar, Inc. (NYSE: GSAT)'s 11.5 MHz of 24-GHz spectrum relative to recent auction/spectrum transactions is warranted, according to Morgan Stanley. The Analyst Analyst Simon Flannery initiated coverage of Globalstar...
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Morgan Stanley Downgrades Dish Network, Says Spectrum Assets Are Losing Value
Wednesday, January 17, 2018 - 11:07am | 453Read More...There telecom sector has many moving parts: new policies from the Federal Communications Commission, increasing diversity among competitors and attempts to contract the market. In this environment, DISH Network Corp (NASDAQ: DISH) is losing value, according to Morgan Stanley. The...
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Looking At ViaSat As A Possible Investment? Patience Is Required, Says Morgan Stanley
Friday, December 15, 2017 - 10:35am | 436Read More...Patience is virtue for investors in ViaSat, Inc. (NASDAQ: VSAT), according to an analyst at Morgan Stanley. The Analyst Morgan Stanley analyst Simon Flannery initiated coverage of ViaSat with an Equal-weight rating and a $78 price target. The Thesis ViaSat's solid history of growth and...
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2 Reasons Morgan Stanley Upgraded Zayo Group
Tuesday, December 12, 2017 - 10:25am | 390Read More...Communication infrastructure services provider Zayo Group Holdings Inc (NYSE: ZAYO) received a rave review from Morgan Stanley on Tuesday. The Analyst Morgan Stanley analyst Simon Flannery upgraded shares of Zayo Group from Equal-weight to Overweight and upped the price target from $33...
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Will They Or Won't They? Conflicting Reports Muddy The Waters For Potential Sprint-T-Mobile Merger
Tuesday, October 31, 2017 - 11:55am | 331Read More...Is Sprint Corp (NYSE: S) parent company Softbank wants to call an end to the ongoing merger discussions with T-Mobile US Inc (NASDAQ: TMUS) and its parent company Deutsche Telekom, The Nikkei reported. Other media reports, including CNBC, are suggesting merger talks haven't come to an end just yet...
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T-Mobile Proves It Can Continue To Take Market Share, Best Play For Wireless Consolidation
Wednesday, February 15, 2017 - 3:03pm | 291Read More...T-Mobile US Inc's (NASDAQ: TMUS) fourth quarter earnings report prompted Simon Flannery of Morgan Stanley to maintain a bullish stance on the mobile carrier. In a report Wednesday, Flannery maintained an Overweight rating and $72 price target on T-Mobile's stock based on the view that the...
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Verizon's Wireless Segment Facing Pressure While Wireline Shows Promise
Friday, October 21, 2016 - 3:13pm | 455Read More...The third-quarter results of Verizon Communications Inc. (NYSE: VZ) were a mixed bag as the EPS beat was offset by disappointing wireless subscriber additions. However, Morgan Stanley maintains its Overweight rating, as it believes the company would benefit in a low rate environment. The company...
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Morgan Stanley's 5 Questions For Telecom Stocks This Earnings Season
Wednesday, July 20, 2016 - 3:52pm | 478Read More...Telecom stocks have performed extremely well so far this year, leading the S&P 500 to fresh all-time highs. According to Morgan Stanley analyst Simon Flannery, telecom investors have nothing to fear from Q2 earnings season. “Overall we expect a broadly in-line second quarter for the group...
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Morgan Stanley Is Bullish On Crown Castle, Other Cell Tower Stocks
Wednesday, July 20, 2016 - 11:57am | 479Read More...Morgan Stanley is bullish on cell tower stocks, given attractive valuations with an impressive long-term earnings growth of about 20 percent, which has been driven by tenancy. Overweight Players Among others, the brokerage is Overweight on American Tower Corp (NYSE: AMT), Crown Castle International...
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Breaking Down Morgan Stanley's $40 Bull And $12 Bear Case Scenarios On Rackspace
Tuesday, May 10, 2016 - 7:45am | 401Read More...Rackspace Hosting, Inc. (NYSE: RAX) reported softer revenues, but better margins for 1Q16. Morgan Stanley's Simon Flannery maintained an Equal-weight rating for the company, with a price target of $26. The analyst mentioned that IT application spending and hybrid cloud adoption were key to...
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Intelsat Worth Just $1, Warns Morgan Stanley
Tuesday, March 22, 2016 - 9:55am | 240Read More...Morgan Stanley’s Simon Flannery maintained an Underweight rating for Intelsat SA (NYSE: I), while reducing the price target from $5 to $1, citing accelerating declines in the company’s revenues in 2016. Intelsat’s disappointing 2016 guidance, along with increased satellite...














