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Cramer: Elliott Management's AT&T Stake Is A Reason To Buy Telecom Stock
Tuesday, December 10, 2019 - 1:07pm | 438Influential media analyst Craig Moffett of MoffettNathanson downgraded AT&T Inc.(NYSE: T) rating to Sell — a recommendation CNBC's Jim Cramer doesn't agree with. Cramer Says AT&T Bulls Aren't Banking On Guidance Moffett's bearish stance on AT&T...
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AT&T's Worst Trading Day In Years, Explained
Friday, October 13, 2017 - 9:08am | 386Thursday was a difficult day for AT&T Inc. (NYSE: T) investors as the stock lost more than 6 percent in what ended up being its worst single-day performance dating back to 2013. Investors were reacting to the company's announcement that its upcoming earnings report will show a loss of 390,...
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Are Cable-Cutting Fears Overblown Or Legitimate?
Wednesday, August 19, 2015 - 11:12am | 558This is the question Moffett Nathanson analyst Craig Moffett explored in a note on Wednesday. According to the analyst, recent data may suggest that the cord cutting trend is over-exaggerated and now is a good time to buy Cable stocks as he upgraded the entire sector to Overweight from Equal...
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Verizon's Results Suggest 'Cord Cutting Is Actually Starting To Accelerate'
Tuesday, July 21, 2015 - 12:53pm | 359Verizon Communications Inc. (NYSE: VZ) reported better than expected second-quarter numbers before market opening on Tuesday. EPS of $1.04 came above analysts' expectations and the EPS it declared for the same quarter last year of $1.01. Craig Moffett, MoffettNathanson analyst, was on CNBC...
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AOL Not A 'Big Deal' For Verizon Like DIRECTV, But Still A Very Important One
Tuesday, May 12, 2015 - 3:57pm | 357Tuesday could turn out to be a great day for Verizon Communications Inc. (NYSE: VZ). After announcing its $4.4 billion acquisition of AOL, Inc. (NYSE: AOL) in the morning, the Wall Street Journal reported that U.S. regulator are unlikely to block its acquisition of DIRECTV (NASDAQ: DTV). Craig...
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'Flat Is The New Up' For Pay-TV Forecasts
Thursday, March 26, 2015 - 12:59pm | 252Flat is the new up for pay-TV subscriber forecasts, an analyst said Thursday. The trend is worrisome for satellite TV investors; less so in the cable sector, which is cushioned by its broadband service offerings, according to Craig Moffett of Moffettnathanson. "There's no argument that we're...
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DirecTV Boss Takes Dim View Of Comcast/TWC Merger
Friday, February 21, 2014 - 12:36pm | 581The battle is joined, as they say. DirectTV (NASDAQ: DTV) CEO, Mike White has stated his position regarding the proposed merger between cable companies Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC). That position, as might be expected, is a negative one. On a conference call...
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DISH Network and Disney Reportedly Closing in on Programming Deal
Wednesday, November 13, 2013 - 4:26pm | 754It looks like the dispute between Dish Network (NASDAQ: DISH) and Walt Disney (NYSE: DIS) over programming issues may be resolved without the much-feared blackout of some very popular cable channels for Dish subscribers. At issue is the satellite-television provider's carriage of some much-...
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Bernstein Cuts Rating On CVC, CMCSA, TWC
Monday, May 10, 2010 - 9:36am | 248Craig Moffett of Bernstein Research reduced his outlook on the cable sector. He also slashed the ratings for Cablevision (NYSE: CVC), Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC) to “neutral.” The downgrade was prompted by the proposal by the Federal Communications Commission (FCC) on...
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Barron’s: Sprint May Go Through Rough Weather In Coming Years
Wednesday, March 10, 2010 - 3:23pm | 328In a research report posted on the Barron’s website by Eric Savitz, Bernstein Research analyst Craig Moffett maintained his “underperform” rating on Sprint (NYSE: S) and reduced its target price to $2.50 from $3. According to Moffett, bullishness surrounding the company’s stock is dependent on the...
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Analyst Picks Sprint And AT&T As Favorites: CNBC (S, ATT)
Wednesday, March 10, 2010 - 8:14am | 137In an interview with CNBC, David Dixon, senior telecom analyst at FBR Capital Markets said that the telecom service sector is fraught with uncertainty. Dixon said, “But investors are going to be quite surprised about the free cash resiliency of this space over the next few years.” According to...
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Analyst Picks Sprint And AT&T As Favorites: CNBC (S, ATT)
Wednesday, March 10, 2010 - 8:14am | 137In an interview with CNBC, David Dixon, senior telecom analyst at FBR Capital Markets said that the telecom service sector is fraught with uncertainty. Dixon said, “But investors are going to be quite surprised about the free cash resiliency of this space over the next few years.” According to...
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Bernstein Upgrades Verizon
Tuesday, February 9, 2010 - 11:54am | 94Bernstein Research analyst Craig Moffett has boosted his rating on Verizon (NYSE: VZ) to "underperform" from "neutral" and boosted his price target on the stock to $27 from $25. Moffett said both Verizon and rival AT&T (NYSE: T) have underperformed the market over the last year and Verizon now...