The U.S. telecom sector has seen widely divergent general performance amid its primary players this calendar year, with
T-Cell US
soaring previous rivals
AT&T
and
Verizon Communications
in marketplace capitalization. Verizon inventory stumbling to a significant decline, and AT&T approximately flat. A the latest sharp divergence of AT&T and Verizon shares has spurred 1 of the most influential telecom analysts to shift his position on each.
Extra exclusively, MoffettNathanson telecom analyst Craig Moffett slice his score on AT&T inventory (ticker: T) to Underperform from Sector Execute following a 26% rally in the inventory since mid-October. Moffett retains his $17 target on the stock, which is a small beneath final Friday’s near at $18.49.
The U.S. telecom sector has seen widely divergent general performance amid its primary players this calendar year, with
T-Cell US
soaring previous rivals
AT&T
and
Verizon Communications
in marketplace capitalization. Verizon inventory stumbling to a significant decline, and AT&T approximately flat. A the latest sharp divergence of AT&T and Verizon shares has spurred 1 of the most influential telecom analysts to shift his position on each.
Extra exclusively, MoffettNathanson telecom analyst Craig Moffett slice his score on AT&T inventory (ticker: T) to Underperform from Sector Execute following a 26% rally in the inventory since mid-October. Moffett retains his $17 target on the stock, which is a small beneath final Friday’s near at $18.49.
