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Rackspace Cut By Analysts On Poor Outlook, Strong Competition
Wednesday, February 17, 2016 - 12:19pm | 526Read More...Shares of Rackspace Hosting, Inc. (NYSE: RAX) touched a 52-week low after the cloud service company guided slower revenue growth for 2016 despite reporting better-than-expected fourth quarter results. The development led to a series of analyst downgrades on the stock, which fell 17 percent on...
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Morgan Stanley On Level 3: Sees 'Shelter From The Storm,' Upgrades
Thursday, February 11, 2016 - 10:44am | 270Read More...Morgan Stanley recently released a company note on Level 3 Communications, Inc. (NYSE: LVLT) after a recent decline in stock price has made the company have an attractive valuation. Analysts at Morgan Stanley upgraded Level 3 Communications from Equal-Weight to Overweight with a $60 price target....
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Communications Sales & Leasing: Lucky Yield?
Tuesday, October 6, 2015 - 8:08am | 293Read More...Shares of Communications Sales & Leasing Inc (NASDAQ: CSAL) have declined almost 38 percent since being listed on April 20, 2015. Morgan Stanley’s Simon Flannery has upgraded the company from Equal-weight to Overweight, while lowering the price target from $28 to $22....
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Calls Of Note: The Research Moving Stocks Today
Thursday, August 6, 2015 - 12:03pm | 907Read More...The following represents a hand-picked selection of notable research curated by an analyst known in some circles as "The Sith Overlord Of The Street." FBR: Upgrading Sprint David Dixon of FBR & Co. upgraded shares of Sprint Corp (NYSE: S) to Outperform from Market Perform with...
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Morgan Stanley Comments On Telecom's 'CapEx Diet'
Monday, April 27, 2015 - 1:46pm | 202Read More...The 2015 Capital Expenditure glut is one to remember beyond the damage done to the energy sector. Morgan Stanley's Simon Flannery highlighted the important takeaway from last weeks earnings reports: the material cut in CapEx at AT&T Inc. (NYSE: T) and Verizon Communications Inc. (NYSE:...
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Google's Project Fi Impact Not Too Meaningful, Analysts Say
Thursday, April 23, 2015 - 8:49am | 353Read More...In a report published Thursday, Morgan Stanley analyst Simon Flannery argued that Google Inc (NASDAQ: GOOG) (NASDAQ: GOOGL)'s new wireless venture, Project Fi, is likely to generate a lot of press coverage, but the real world impact will be "somewhat less meaningful." Project Fi...
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Reviewing Verizon's Quarter With Morgan Stanley
Wednesday, April 22, 2015 - 2:45pm | 280Read More...In a report published Wednesday, Morgan Stanley analyst Simon Flannery commented on Verizon Communications Inc. (NYSE: VZ)'s first quarter results. Shares of Verizon remain Overweight rated with an unchanged $50 price target. Verizon reported an EPS of $1.02, $0.07 better than expected....
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Is The AT&T-DirecTV Merger Closing Imminent?
Monday, April 6, 2015 - 12:16pm | 268Read More...In a report published Monday, Morgan Stanley analyst Simon Flannery suggested that the next few weeks will be "action packed" for AT&T Inc. (NYSE: T), as its merger with DIRECTV (NASDAQ: DTV) is imminent. According to Flannery, the merger faces "fairly limited"...
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Morgan Stanley Reiterates Overweight, Raises PT On Zayo Following IPO
Friday, March 27, 2015 - 7:59am | 90Read More...In a report published Friday, Morgan Stanley analyst Simon Flannery reiterated an Overweight rating on Zayo Group Holdings, Inc. (NYSE: ZAYO), and raised the price target from $28.00 to $31.00. In the report, Morgan Stanley noted, "Following the IPO, Zayo has returned to its acquisitive nature to...
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Rackspace Hosting Rallies Despite Q1 Outlook
Wednesday, February 18, 2015 - 2:18pm | 339Read More...Rackspace Hosting, Inc. (NYSE: RAX) rallied Wednesday, touching a 52-week high after beating fourth-quarter expectations and posting a disappointing outlook. The cloud computing company traded down 5 percent in Tuesday's extended session, but turned around Wednesday, at one point spiking...
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Morgan Stanley Sees 2015 Outlook As Front And Center For T-Mobile
Wednesday, February 18, 2015 - 10:49am | 88Read More...In a report published Wednesday, Morgan Stanley analyst Simon Flannery reiterated an Overweight rating and $33.00 price target on T-Mobile US Inc (NYSE: TMUS). In the report, Morgan Stanley noted, "In our view, T-Mobile's strong operational performance has continued into this year. An update on...
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Morgan Stanley Expects 2015 Guidance Update For Sprint
Tuesday, February 3, 2015 - 10:28am | 81Read More...In a report published Tuesday, Morgan Stanley analyst Simon Flannery reiterated an Underweight rating and $5.00 price target on Sprint Corp (NYSE: S). In the report, Morgan Stanley noted, “We expect Adj. EBITDA margin headwinds in FY3Q14, and a material turnaround in 2015 could be challenging....
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Morgan Stanley Says AT&T Risk Skewed To The Downside Following Q4 Print
Wednesday, January 28, 2015 - 11:02am | 213Read More...Simon Flannery of Morgan Stanley on Wednesday commented that AT&T Inc. (NYSE: T) reported a mixed fourth quarter results. “Earnings per share (before one time items) of $0.55 was higher than our estimate and consensus' $0.55,” Flannery wrote. “Consolidated revenue was...
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UPDATE: Morgan Stanley Lowers Price Target On Verizon Communications On Near-Term Headwinds
Friday, January 23, 2015 - 9:21am | 93Read More...In a report published Friday, Morgan Stanley analyst Simon Flannery reiterated an Overweight rating on Verizon Communications Inc. (NYSE: VZ), but lowered the price target from $51.00 to $50.00. In the report, Morgan Stanley noted, “Guidance for 2015 was largely in-line with our estimates, although...
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Morgan Stanley Expects Further Downward Revisions For AT&T After Upcoming Q4 Print
Wednesday, January 14, 2015 - 6:10pm | 293Read More...AT&T Inc. (NYSE: T) is scheduled to report its fourth quarter results on January 27, after market close. Simon Flannery of Morgan Stanley expects the company will earn $0.54 per share in the quarter, short of the consensus estimate of $0.57 per share. The analyst expects the company will...
