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Fly News Breaks for February 12, 2019
Feb 12, 2019 | 10:39 EDT
As previously reported, Needham analyst Alex Henderson downgraded Radcom (RDCM) to Hold from Buy after the company "again lowered already washed out guidance." While he is encouraged by Radcom's commentary on AT&T (T), Henderson views this relationship as "mandatory bedrock more than an upside event," adding that he did not sense other deals are imminent. The analyst, who thinks the stock is "likely to tread water through CY19," believes 5G is increasing looking like a 2020 event for Radcom, he added.
News For RDCM;T From the Last 2 Days
Jan 20, 2022 | 10:15 EST
Tigress Financial analyst Ivan Feinseth raised the firm's price target on AT&T to $41 from $36 and keeps a Buy rating on the shares. Ongoing subscriber growth and "a resilient business model" will continue to drive increasing cash flow, argues Feinseth, who also contends that the shift in strategy with the spinoff of WarnerMedia will enable ongoing investment in wireless and wireline services subscriber growth and "optimization of its balance sheet."