Craig Moffett

Craig Moffett of Bernstein Research reduced his outlook on the cable sector. He also slashed the ratings for Cablevision (NYSE: CVC), Comcast (NASDAQ: CMCSA) and Time Warner Cable (NYSE: TWC) to “neutral.” The downgrade was prompted by the proposal by the Federal Communications Commission (FCC) on...

In a research report posted on the Barron’s website by Eric Savitz, Bernstein Research analyst Craig Moffett maintained his “underperform” rating on Sprint (NYSE: S) and reduced its target price to $2.50 from $3. According to Moffett, bullishness surrounding the company’s stock is dependent on the...

In an interview with CNBC, David Dixon, senior telecom analyst at FBR Capital Markets said that the telecom service sector is fraught with uncertainty. Dixon said, “But investors are going to be quite surprised about the free cash resiliency of this space over the next few years.” According to...

In an interview with CNBC, David Dixon, senior telecom analyst at FBR Capital Markets said that the telecom service sector is fraught with uncertainty. Dixon said, “But investors are going to be quite surprised about the free cash resiliency of this space over the next few years.” According to...

Bernstein Research analyst Craig Moffett has boosted his rating on Verizon (NYSE: VZ) to "underperform" from "neutral" and boosted his price target on the stock to $27 from $25. Moffett said both Verizon and rival AT&T (NYSE: T) have underperformed the market over the last year and Verizon now...