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Fly News Breaks for August 13, 2018
VZ, T
Aug 13, 2018 | 07:47 EDT
Morgan Stanley analyst Simon Flannery tells investors in a research note that data using the firm's proprietary "What's in the Price?" analyzer shows that AT&T's (T) stock trading at a historically deep discount to both its own history and to Verizon (VZ), which supports his thesis that the stock is discounting an overly negative outlook for the company. Flannery has an Overweight rating and $37 price target on AT&T.
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