EARLIER: Intelsat S.A. Upgraded From Market Perform to Outperform at Wells Fargo

by Paul Quintaro, Benzinga Editor
February 6, 2014 10:25 AM | 24 seconds read | Make a Comment
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Intelsat S.A.
I
upgraded From Market Perform to Outperform at Wells Fargo. Posted Thursday in a research note, analyst Analyst Andrew Spinola said, "Our upgrade is supported by four key points:
  1. Government Weakness is a Near-Term Concern; LT Govt. is a Potential Growth Driver
  2. Cheap on 2015E EPS & Sustainable FCF
  3. Current Results Obscure Long-Term Growth Prospects
  4. Potential Equity Value Accretion from Possible Telesat Acquisition."
I is currently up almost 7 percent at $20.94.
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