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T

AT&T

$32.35

0.37 (1.16%)

, VZ

Verizon

$59.09

0.1 (0.17%)

12:44
04/06/19
04/06
12:44
04/06/19
12:44

New AT&T 5G network impressive, 'still limited,' Barron's says

On Wednesday, Verizon (VZ) turned on the first-ever U.S. 5G feed for smartphones, Jon Swartz writes in this week's edition of Barron's, adding that he had his own eye-opening, but limited, 5G encounter in Dallas this past week, with AT&T (T) giving him an exclusive first look at a live, commercial mobile 5G network based on Release 15. AT&T's network is not powering phones just yet, and while not quite fully mobile 5G, it was enough to offer a glimpse of the future, he notes. Reference Link

T

AT&T

$32.35

0.37 (1.16%)

VZ

Verizon

$59.09

0.1 (0.17%)

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    Apr

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T AT&T
$32.35

0.37 (1.16%)

03/15/19
03/15/19
UPGRADE

Fly Intel: Top five analyst upgrades
Catch up on today's top five analyst upgrades with this list compiled by The Fly: 1. Amazon.com (AMZN) upgraded to Overweight from Sector Weight at KeyBanc with analyst Edward Yruma saying Amazon is taking a number of operational moves to improve profitability in core retail, which could drive mid-term earnings above current consensus estimates. 2. AT&T (T) upgraded to Outperform from Market Perform at Raymond James with analyst Frank Louthan saying AT&T shares trade at a relative discount and expects shares to be driven by positive earnings growth combined with a strong de-levering story. 3. Colfax (CFX) upgraded to Equal Weight from Underweight at Barclays with analyst Julian Mitchell saying he views the company's turnaround story as underappreciated. 4. Rent-A-Center (RCII) upgraded to Outperform from Market Perform at Raymond James with analyst Budd Bugatch citing the trial win regarding the terminated buyout with Vintage Capital and a strong fundamental outlook for the upgrade. 5. Global Net Lease (GNL) upgraded to Buy from Neutral at B. Riley FBR with analyst Bryan Maher citing the stock's attractive relative valuation as well as management's acquisition "acumen" for the upgrade to Buy. This list is just a portion of The Fly's full analyst coverage. To see The Fly's full Street Research coverage, click here.
03/27/19
JPMS
03/27/19
NO CHANGE
JPMS
Fundamentals across cable remain strong, says JPMorgan
Sustained household formation and wage growth, along with a pullback in promotional activity at AT&T (T), the main competitor to most multi-service operators, keeps fundamentals across cable strong, JPMorgan analyst Philip Cusick tells investors in a research note. In 2018, the U.S. added ~1.5m households for the second year in a row, "which sets up the wireline video and broadband ecosystems well in 2019," says the analyst. Altice USA (ATUS) and Charter Communications (CHTR) are both on the JPMorgan's Analyst Focus List, and Comcast (CMCSA) is Cusick's favorite mega-cap service provider. The analyst is "wary" of the multiple of Underweight-rated Cable One (CABO), but admits its operational momentum seems strong.
03/29/19
03/29/19
UPGRADE
Target $35

Buy
Viacom upgraded to Buy at Loop Capital on de-risked AT&T loss
As previously reported, Loop Capital analyst Alan Gould upgraded Viacom (VIAB) to Buy from Hold with a price target of $35. The analyst cites the company's loss of its biggest distributor AT&T (T) having been de-risked which, he believes, raises the likelihood of a Viacom merger with CBS (CBS). Gould adds that despite the renewed distribution deal with AT&T, investors can accumulate shares at a lower price than a few weeks ago, resulting in a "positive risk-reward" for Viacom.
04/05/19
04/05/19
UPGRADE
Target $36

Outperform
Viacom upgraded to Outperform from Sector Perform at RBC Capital
As previously reported, RBC Capital analyst Steven Cahall upgraded Viacom (VIAB) to Outperform from Sector Perform and raised his price target to $36 from $31, saying the company's "less contentious" than feared DirecTV (T) deal improves its standing and "paves the way toward merger talks" with CBS (CBS). The analyst sees an implied upside for Viacom stock at over 30% on the CBS deal prospects and believes that investors should own both to hedge the exchange ratio risk of the potential transaction.
VZ Verizon
$59.09

0.1 (0.17%)

01/25/19
HSBC
01/25/19
DOWNGRADE
Target $24
HSBC
Reduce
Dish downgraded to Reduce from Hold at HSBC
HSBC analyst Sunil Rajgopal downgraded Dish (DISH) to Reduce from Hold and cut his price target on the shares to $24 from $38, advocating that investors choose "sturdy carriers" such as Verizon (VZ), T-Mobile (TMUS), AT&T (T) and Comcast (CMCSA). For 2019, Rajgopal expects more fragmentation in the content/pay-TV business as more players enter the OTT content market and he expects the pay TV base to shrink further.
01/29/19
01/29/19
DOWNGRADE

Hold
Adtran downgraded to Hold at Needham on margin pressure
As previously reported, Needham analyst Richard Valera downgraded Adtran to Hold from Buy, saying that while the company posted solid Q4 results, the quarter was aided "by the re- emergence of Telmex" and warns that its shift toward international business will results in "structurally lower margins" and limited earnings power. The analyst further notes that he had previously anticipated AT&T (T) and Verizon (VZ) deals as "potentially significant" North America revenue opportunities, but now sees "little confidence either of these programs will ramp substantially over the near to medium term." Valera adds that the recent bounce in Adtran stock has taken its price to within 10% of his prior target, justifying a neutral stance.
02/22/19
WELS
02/22/19
NO CHANGE
Target $65
WELS
Outperform
Verizon has network focus in its 'DNA,' says Wells Fargo
After attending Verizon's analyst day centered around the company's "very detailed 5G strategy," Wells Fargo analyst Jennifer Fritzsche noted that there were a lot of new faces on the stage compared to five years ago but she said the company "appreciates the network is THE # 1 focus" and "that network focus...is fully in this company's DNA it seems." The analyst, who favors the way Verizon is "doubling down on what it knows best," namely the network, left the meeting with confidence a 5G plan is in place. She keeps an Outperform rating on Verizon shares and raised her price target on the stock to $65 from $60.
02/22/19
MSCO
02/22/19
NO CHANGE
Target $58
MSCO
Equal Weight
5G financial impact won't be felt by Verizon until 2021/22, says Morgan Stanley
After attending Verizon's first analyst day in seven years, Morgan Stanley analyst Simon Flannery said the company provided "a lot of helpful material" on its 5G plans, but provided limited incremental information around deployment timelines or business models. The analyst, said it seems that the financial impact of 5G will not be felt by Verizon until the 2021/22 period, also said that it appears to him that operational momentum from 2018 is continuing into 2019. Flannery maintains an Equal Weight rating on Verizon with a $58 price target on the shares.

TODAY'S FREE FLY STORIES

QCOM

Qualcomm

$90.48

0.03 (0.03%)

, AAPL

Apple

$262.66

-1.86 (-0.70%)

04:59
11/15/19
11/15
04:59
11/15/19
04:59
Upgrade
Qualcomm upgraded to Buy from Neutral at Mizuho »

Mizuho analyst Vijay…

QCOM

Qualcomm

$90.48

0.03 (0.03%)

AAPL

Apple

$262.66

-1.86 (-0.70%)

SSNLF

Samsung

$0.00

(0.00%)

03/08/13
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03/06/13
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03/06/13
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  • 19

    Nov

NUE

Nucor

$54.49

-0.2 (-0.37%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Nucor management to meet with KeyBanc »

Management participates…

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  • 15

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INS

Intelligent Systems

$42.26

-0.34 (-0.80%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Intelligent Systems management to meet with Sidoti »

Meetings to be held in…

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  • 15

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EXPI

eXp World Holdings

$9.97

-0.08 (-0.80%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
eXp World Holdings management to meet with DA Davidson »

Meetings to be held in…

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03/06/13
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  • 15

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GSHD

Goosehead Insurance

$44.75

0.02 (0.04%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Goosehead Insurance management to meet with William Blair »

Meetings to be held in…

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03/08/13
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03/06/13
Citigroup
03/06/13
Barclays

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  • 15

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  • 03

    Dec

04:55
11/15/19
11/15
04:55
11/15/19
04:55
General news
Industrial Production Capacity Utilization Rate to be reported at 09:15 »

October Industrial…

04:55
11/15/19
11/15
04:55
11/15/19
04:55
General news
Business Inventories to be reported at 10:00 »

September Business…

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
CLSA to hold a forum »

22nd CLSA India Forum…

04:55
11/15/19
11/15
04:55
11/15/19
04:55
General news
Breaking General news story  »

Week of 11/15…

TRGP

Targa Resources

$38.03

-0.28 (-0.73%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Targa Resources management to meet with RBC Capital »

Meetings to be held in…

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03/08/13
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03/06/13
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  • 15

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UBX

Unity Biotechnology

$6.30

-0.26 (-3.96%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Unity Biotechnology management to meet with Mizuho »

Meetings to be held in…

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03/08/13
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03/06/13
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03/06/13
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  • 15

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CTSO

CytoSorbents

$4.24

-0.2 (-4.50%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
CytoSorbents management to meet with B. Riley FBR »

Meeting to be held in New…

03/08/13
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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 15

    Nov

FTNT

Fortinet

$100.07

0.38 (0.38%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Fortinet management to meet with MKM Partners »

Meeting to be held in New…

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03/08/13
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03/06/13
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03/06/13
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  • 15

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LNDC

Landec

$11.05

0.195 (1.80%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Landec management to meet with DA Davidson »

Meeting to be held in…

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03/08/13
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03/06/13
Citigroup
03/06/13
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  • 15

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SPR

Spirit AeroSystems

$89.60

0.31 (0.35%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Spirit AeroSystems management to meet with Jefferies »

Meeting to be held in San…

03/08/13
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03/06/13
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03/06/13
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  • 15

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04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Wolfe Research tech strategist to hold analyst/industry webcast »

Tech Strategist…

DTIL

Precision BioSciences

$11.80

2.33 (24.60%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Precision BioSciences participates in a conference call with BTIG »

Conference call with…

03/08/13
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  • 15

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MPWR

Monolithic Power

$159.94

-0.51 (-0.32%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Monolithic Power management to meet with Oppenheimer »

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CNI

Canadian National

$93.18

0.32 (0.34%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Canadian National management to meet with RBC Capital »

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ESTA

Establishment Labs

$23.74

0.06 (0.25%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Establishment Labs management to meet with Jefferies »

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  • 15

    Nov

EA

Electronic Arts

$97.54

1.52 (1.58%)

, MSFT

Microsoft

$148.06

0.73 (0.50%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Oppenheimer to hold a bus tour »

Gaming Bus Tour travels…

EA

Electronic Arts

$97.54

1.52 (1.58%)

MSFT

Microsoft

$148.06

0.73 (0.50%)

ZNGA

Zynga

$6.33

0.005 (0.08%)

03/08/13
Wedge Partners
03/08/13
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03/06/13
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03/06/13
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  • 20

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NOVA

Sunnova Energy

$10.60

0.745 (7.56%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Sunnova Energy management to meet with Roth Capital »

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  • 15

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  • 09

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AAN

Aaron's

$58.85

2.05 (3.61%)

, BSX

Boston Scientific

$41.57

0.16 (0.39%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Stephens to hold a conference »

2019 Stephens Nashville…

AAN

Aaron's

$58.85

2.05 (3.61%)

BSX

Boston Scientific

$41.57

0.16 (0.39%)

CBM

Cambrex

$59.86

(0.00%)

CNI

Canadian National

$93.18

0.32 (0.34%)

EA

Electronic Arts

$97.54

1.52 (1.58%)

DPZ

Domino's Pizza

$278.68

-0.555 (-0.20%)

ENSG

Ensign Group

$40.68

0.37 (0.92%)

EGOV

NIC Inc.

$23.61

0.2 (0.85%)

FIS

FIS

$135.49

1.68 (1.26%)

FDX

FedEx

$156.72

0.5 (0.32%)

EXP

Eagle Materials

$93.76

1.215 (1.31%)

EPAY

Bottomline Technologies

$46.95

0.71 (1.54%)

GKOS

Glaukos

$62.68

(0.00%)

GMS

GMS Inc.

$32.07

0.72 (2.30%)

HAL

Halliburton

$20.33

-0.29 (-1.41%)

HUM

Humana

$317.95

-0.94 (-0.29%)

JAX

J. Alexander's

$10.45

0.02 (0.19%)

JBHT

J.B. Hunt

$116.81

0.27 (0.23%)

LAD

Lithia Motors

$160.86

-0.34 (-0.21%)

LII

Lennox

$254.96

2.6 (1.03%)

LPX

Louisiana-Pacific

$29.10

-0.14 (-0.48%)

MATX

Matson

$36.65

-0.48 (-1.29%)

MOS

Mosaic

$20.30

0.61 (3.10%)

ODFL

Old Dominion

$195.17

0.58 (0.30%)

VG

Vonage

$7.68

-0.13 (-1.66%)

UNT

Unit Corp.

$0.79

-0.1114 (-12.38%)

WMT

Walmart

$120.65

-0.41 (-0.34%)

WNC

Wabash

$14.91

-0.255 (-1.68%)

RM

Regional Management

$33.09

0.31 (0.95%)

POOL

Pool Corp.

$205.52

0.74 (0.36%)

SAVE

Spirit Airlines

$37.70

0.21 (0.56%)

SLB

Schlumberger

$34.72

-0.31 (-0.88%)

SM

SM Energy

$8.88

-0.34 (-3.69%)

NTR

Nutrien

$49.30

-0.13 (-0.26%)

NOV

National Oilwell

$22.09

-0.26 (-1.16%)

03/08/13
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03/08/13
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03/06/13
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03/06/13
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    Dec

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    Dec

  • 17

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  • 07

    Feb

SERV

ServiceMaster

$34.00

-0.115 (-0.34%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
ServiceMaster management to meet with William Blair »

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  • 15

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AMZN

Amazon.com

$1,754.71

0.87 (0.05%)

04:55
11/15/19
11/15
04:55
11/15/19
04:55
Conference/Events
Amazon.com management to meet with Loop Capital »

Management has a tour of…

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