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Why The Discovery-AT&T Deal Poses A Credible Threat In Streaming Wars
Monday, May 17, 2021 - 7:00pm | 895Read More...One of the biggest megamergers in the entertainment industry — between streaming assets from AT&T Inc (NYSE: T) and Discovery Communications (NASDAQ: DISCA) — was announced Monday. The Streaming Merger Deal: The deal combines the premium entertainment, sports and news...
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Does A Frontier-Verizon Deal Make Sense?
Tuesday, June 23, 2015 - 1:49pm | 286Read More...Frontier Communications Corp (NASDAQ: FTR) is off about 30 percent in the past three months but an analyst reaffirmed his Buy rating on the company Tuesday, citing a possible dividend boost. Bank of America's David W. Barden said Frontier's pending deal to acquire $10.4 billion in...
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UPDATE: Bank Of America Downgrades Cincinnati Bell On Comparable Wireline Valuation
Friday, July 11, 2014 - 9:18am | 230Read More...In a report published Friday, Bank of America analyst David W. Barden downgraded the rating on Cincinnatti Bell (NYSE: CBB) from Neutral to Underperform, but reiterated the $3.50 price target. In the report, Bank of America noted, “After years of operating several discrete businesses (wireline,...
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UPDATE: Bank of America Moves to No Rating on Cbeyond Following Acquisition Agreement with Birch Communications
Tuesday, April 22, 2014 - 8:46am | 115Read More...In a report published Tuesday, Bank of America analyst David W. Barden moved the rating on Cbeyond (NASDAQ: CBEY) from Underperform to No Rating, and removed the $6.00 price target. In the report, Bank of America noted, “On April 21, Cbeyond announced it has agreed to be acquired by Birch...
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UPDATE: Bank of America Reiterates on AT&T Following Mobile World Congress
Thursday, March 6, 2014 - 11:11am | 207Read More...In a report published Thursday, Bank of America analyst David W. Barden reiterated a Neutral rating on AT&T (NYSE: T), but lowered the price target from $38.00 to $35.00. In the report, Bank of America noted, “Press reports emerging from last week's Mobile World Congress indicate AT&T...
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UPDATE: Bank of America Upgrades Verizon Communications as VOD Deal Overhang Creates Entry Point
Monday, February 24, 2014 - 9:57am | 174Read More...In a report published Monday, Bank of America analyst David W. Barden upgraded the rating on Verizon Communications (NYSE: VZ) from Neutral to Buy, and reiterated the $55.00 price target. In the report, Bank of America noted, “We are upgrading Verizon to Buy from Neutral on an attractive risk/...
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UPDATE: Bank of America Upgrades Cincinnati Bell on Potential to Monetize Wireless
Wednesday, August 14, 2013 - 8:52am | 203Read More...In a report published Wednesday, Bank of America analyst David W. Barden upgraded Cincinnati Bell (NYSE: CBB) from Underperform to Neutral, and raised the price target from $3.00 to $3.50. In the report, Bank of America noted, “Wireless stocks have re-rated in the past 6 months as the demand...
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UPDATE: Bank of America Reinstates Sprint Nextel at Underperform on Unsubstantiated Valuation
Monday, July 15, 2013 - 8:09am | 161Read More...In a report published Monday, Bank of America analyst David W. Barden reinstated coverage on Sprint Nextel (NYSE: S) with an Underperform rating and $5.00 price target. In the report, Bank of America noted, “We rate Sprint Underperform based on our view that the company's valuation relative to...
