Michael Rollins

T-Mobile US Inc (NASDAQ: TMUS) delivered mixed results in Q1, beating consensus revenue estimates but missing on EPS. The market punished the stock with a 4.4 percent selloff in Tuesday’s session, but Citi analyst Michael Rollins believes the selling pressure is an overreaction. Overall,...

Citi’s Michael Rollins downgraded the rating for Frontier Communications Corp (NASDAQ: FTR) from Neutral to Sell, while reducing the price target from $5 to $4, citing complications associated with the pending acquisition of new assets from Verizon Communications Inc. (NYSE: VZ). Frontier...

In a report published Thursday, Citigroup analyst Michael Rollins discussed the potential DISH Network Corp (NASDAQ: DISH) merger with T-Mobile US Inc (NYSE: TMUS), noting that the purchase price and mix of consideration are still unresolved. Rollins noted that the timing of the media reports...

In a report published Tuesday, Citi analyst Michael Rollins downgraded the rating on Equinix Inc (NASDAQ: EQIX) from Buy to Neutral, with a $276 price target. The stock has risen 18 percent year-to-date and 40 percent in the last 12 months. The rise in stock valuation has been driven by improved...

The real estate investment trust Communications Sales & Leasing Inc. (NASDAQ: CSAL) may see its shares benefit from a demand among investors for dividends as well as an opportunity to expand, an analyst said Monday. The company, spun out Monday from Windstream Holdings, Inc. (NASDAQ: WIN),...

In a report published Wednesday, Citigroup analyst Michael Rollins maintained a Buy rating and a $40 price target on shares of T-Mobile US Inc (NYSE: TMUS), but added the company to the "Citi Focus List" based on the potential catalysts for multiple expansion over the next 12 months....

In a report published Thursday, Citigroup analyst Michael Rollins commented on Sprint Corp (NYSE: S)'s new leasing program that uses different accounting than a subsidized rate plan and even an installment plan. According to Rollins, Sprint is likely to report higher OIBDA (Operating Income Before...

In a report published Thursday, Citigroup analyst Michael Rollins said that Windstream Holdings, Inc.'s (NASDAQ: WIN) upcoming financial restructuring can support a higher valuation." Rollins stated that shares have underperformed due to a combination of disappointing sales, margin pressure and an...

In a report published Wednesday, Citigroup analyst Michael Rollins detailed his meeting with T-Mobile US Inc (NYSE: TMUS) management team, including its Chief Financial Officer Braxton Carter and Executive Vice President of Corporate Strategy Peter Ewens. "We believe T-Mobile is retaining favorable...

Verizon Communications Inc. (NYSE: VZ) shares could take a dip later this week if quarterly earnings reveal higher-than-expected costs, an analyst said Tuesday. The telecommunications company is slated to post fourth-quarter results Thursday before the bell, and Citi's Michael Rollins...

Michael Rollins of Citigroup on Tuesday that Verizon Communications Inc. (NYSE: VZ) strategy of focusing on postpaid accounts and leading network quality is commendable, but the costs of competition and capacity are not fully “encapsulated” in consensus estimates for earnings per share in the...

Zayo Group Holdings Inc (NYSE: ZAYO) which raised about $400 million last month in an initial public offering, is one of few ways to play the theme of growing bandwidth demand, an analyst said Wednesday. The company offers fast growth in recurring revenue along with relatively high margins,...