Information Provided By: 
Fly News Breaks for September 19, 2019
I
Sep 19, 2019 | 06:42 EDT
JPMorgan analyst Philip Cusick raised his price target for Intelsat to $32 from $27 and reiterates an Overweight rating on the shares. The analyst believes the Federal Communications Commission and C-Band Alliance are working toward an order that would include 300 MHz of cleared C-Band spectrum, targeting a November order. The analyst estimates ~$26B of total proceeds across 280 MHz. He thinks market is now underpricing the likelihood of Intelsat and the CBA's eventually selling spectrum and "reaping substantial proceeds."
News For I From the Last 2 Days
There are no results for your query I
