Simon Flannery

Verizon Communications Inc. (NYSE: VZ) is scheduled to report its fourth quarter results on January 22, before market open. Simon Flannery of Morgan Stanley is projecting the company will earn $0.69 per share in the quarter, below the consensus estimate of $0.75. The analyst expects revenue to...

In a note on Wednesday, Simon Flannery of Morgan Stanley states that the competitive intensity seen within the wireless telecom industry is showing no signs of "flagging." As a result, the analyst is lowering his 2015 estimates to reflect a "more cautious" view on...

Morgan Stanley commented on Gogo Inc (NASDAQ: GOGO) Thursday and maintained an Underweight rating on the stock. Analyst Simon Flannery noted that he “met with senior management - they are focused on capacity improvements from 2Ku, encouraged by international discussions, and excited by...

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,...

Morgan Stanley initiated coverage on Zayo Group Holdings Inc (NYSE: ZAYO) Wednesday with an Overweight rating and $28 price target. Analysts Simon Flannery and Lisa Lam rated the bandwidth infrastructure provider based on “1) fast recurring revenue growth, 2) high margins, and 3)...

American Tower Corp (NYSE: AMT) acquired 6,480 towers from Brazil-based TIM Participações for $1.2 billion on Friday. American Tower also announced the acquisition of over 4,800 towers from Bharti Airtel in Nigeria. Simon Flannery of Morgan Stanley commented in a note to...

Rackspace Hosting, Inc. (NYSE: RAX) gained more than 13 percent Tuesday as strong third-quarter results came in just weeks after abandoning efforts to attract a buyer. With the strategic review now in the rear view mirror, investors are focused on newly named Chief Executive Taylor Rhodes'...

Morgan Stanley issued a research note Monday on the acquisition of Mexican wireless carrier Iusacell by AT&T Inc. (NYSE: T). Lusacell, the No. 3 wireless carrier in Mexico, will be acquired for $2.5 billion. According to analyst Simon Flannery, the “acquisition provides 20-25 MHz of...

Crown Castle International Corp. (NYSE: CCI) on Thursday reported third quarter financial results beating top and bottom line estimates. Following earnings, the company announced it has raised its annual dividend rate from $1.40 per share to $3.28 per share, representing over a 100 percent...

In a report published Monday, Morgan Stanley analyst Simon Flannery reiterated an Equal-Weight rating on CenturyLink (NYSE: CTL). In the report, Morgan Stanley noted, “CTL has shown two consecutive quarters of Y/Y revenue growth, though we expect slightly negative growth in 3Q14. Strategic services...

In a report published Monday, Morgan Stanley analyst Simon Flannery resumed coverage on T-Mobile US (NYSE: TMUS) with an Overweight rating and $31.00 price target. In the report, Morgan Stanley noted, “We expect strong operating and financial performance in coming quarters, presenting a compelling...

In a report published Tuesday, Morgan Stanley analyst Simon Flannery reiterated an Equal-Weight rating on AT&T Inc. (NYSE: T), and named a $36.00 price target. In the report, Morgan Stanley noted, “Our EPS estimate of 64c is broadly in-line with consensus. We will be focused on the impact that...

In a report published Tuesday, Morgan Stanley analyst Simon Flannery reiterated an Overweight rating and $54.00 price target on Verizon Communications Inc. (NYSE: VZ). In the report, Morgan Stanley noted, “Management comfortable with third quarter trends, as competition increases. CEO Lowell McAdam...

In a report published Wednesday, Morgan Stanley analyst Simon Flannery reiterated an Equal-Weight rating on AT&T Inc. (NYSE: T). In the report, Morgan Stanley noted, “AT&T hosted an analyst day in Atlanta yesterday to spotlight its key initiatives in the Internet of Things (IoT) space,...

In a report published Friday, Morgan Stanley analyst Simon Flannery reiterated an Underweight rating on Sprint Corporation (NYSE: S), but removed the $5.00 price target. In the report, Morgan Stanley noted, “Sprint's new CEO Marcelo Claure hosted a sell-side briefing Thursday demonstrating a...