AT&T downgraded by MoffettNathanson to sell on concern wireless can't carry the whole company

  • 📰 CNBC
  • ⏱ Reading Time:
  • 14 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 72%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

'Wireless will have to do an awful lot of heavy lifting,' the note said.

Randall Stephenson, chairman and chief executive officer of AT&T Inc., speaks during a Senate Judiciary Subcommittee hearing in Washington, D.C., U.S., on Wednesday, Dec. 7, 2016.

AT&T's wireless business can't offset the weakness in the company's other ailing segments, according to MoffettNathanson.to sell from neutral and kept its $30 per share price target. AT&T shares closed at $39.63 per share on Monday.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in FR

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Kylie Jenner sells majority stake of her massive cosmetics company for $600 millionAfter four years of owning 100% of the brand, Kylie Jenner has agreed to sell a little more than half of her business to Coty. For $600 million, 51% of Kylie Cosmetics is reportedly being sold to the beauty giant, which also houses big name brand CoverGirl and Clairol. 'I'm excited to partner
La source: YahooNews - 🏆 380. / 59 Lire la suite »

WPP lawsuit claims former Walmart agency inflated its value by 40% - Business InsiderWPP acquired Triad Retail Media in 2016 for $300 million, but WPP alleges the private equity firms that sold the company exaggerated its earnings.
La source: BusinessInsider - 🏆 729. / 51 Lire la suite »