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JPMorgan Says Verizon's Growth Will 'Pick Up' Next Year
Thursday, November 5, 2020 - 1:26pm | 337Read More...The bullish case for Verizon Communications Inc. (NYSE: VZ) is based on six catalysts that will help growth "pick up" in 2021, according to JPMorgan. The Analyst: Philip Cusick upgraded Verizon's stock from Neutral to Overweight with a price target lifted from $61 to $65. The...
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Slack CEO Sees Increased Demand From Businesses Of All Sizes
Friday, March 13, 2020 - 11:16am | 458Read More...The continued spread of the coronavirus has resulted in companies of all sizes expressing interest in Slack Technologies Inc's (NYSE: WORK) products and services, company CEO Stewart Butterfield said on CNBC Friday morning. What Happened Slack currently has 110,000 customers ranging from small...
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RingCentral Hits New All-Time High: Here's What The Street Has To Say
Tuesday, February 11, 2020 - 1:20pm | 607Read More...RingCentral Inc (NYSE: RNG) reported fourth-quarter results which sent shares flying to new all-time highs. Here is a summary of how some of the Street's top analysts reacted to the print. Review Ring's fourth quarter was highlighted by a subscription revenue beat of 5% versus a historical...
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Twilio's 2020 Outlook Has Investors Worried: What Does The Street Think?
Thursday, February 6, 2020 - 2:20pm | 543Read More...Cloud communications platform provider Twilio Inc (NYSE: TWLO) reported fourth-quarter results that came in better than expected, but 2020 guidance has some investors concerned. Here is a summary of how some of the Street's top analysts reacted to the print. The Analysts Wells Fargo analyst...
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Morgan Stanley On Bandwitdh Inc: This Isn't A 'Cheaper Twilio'
Thursday, September 19, 2019 - 2:05pm | 362Read More...Enterprise CPaaS company Bandwidth Inc (NASDAQ: BAND) boasts a cost-effective, flexible and responsive solution platform and counts some of the most "demanding" corporate giants as customers. However, there is a misconception between what the company is and what investors think it is,...
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5G: Don't Believe The Logistics Hype Says Software Expert
Thursday, August 1, 2019 - 9:33am | 1416Read More...A roll-out of the much-hyped 5G telecommunications technology will not in itself revolutionize logistics, says Paul Soong, regional director of BluJay, which provides a wide variety of management software for the logistics and transport industries. Better management of business is the key. ...
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What Gloomy Earnings? Communications Services Sector Could Top All S&P Components In Q2
Wednesday, July 10, 2019 - 11:16am | 1336Read More...There’s a lot of doom and gloom hanging over Q2 earnings for most of the S&P 500’s 11 sectors, but the Communications Services sector, with quarterly numbers ready to roll out in coming weeks, isn’t among them. Thanks to a still considerably healthy job market, mostly...
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Cambium Networks IPO: What You Need To Know
Tuesday, June 25, 2019 - 7:28am | 414Read More...The wide adoption of the internet has spawned many companies that have potential to turn in staggering growth. A communications products company with an addressable market opportunity of over $22 billion is set to debut this week. The IPO Terms Cambium Networks (NASDAQ: CMBM) proposes to offer...
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Should Investors Buy The Dip In Centurylink?
Thursday, February 14, 2019 - 2:15pm | 503Read More...Centurylink Inc (NYSE: CTL), the second largest U.S. communications provider to global enterprise customers, reported mixed fourth-quarter results and management slashed its dividend payout by 50 percent. Wells Fargo: Pain For Long-Term Gain High dividend companies like Centurylink within the...
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CenturyLink Is Diversifying Away From Rural Telecom, Jefferies Says In Upgrade
Tuesday, June 26, 2018 - 3:18pm | 371Read More...The sentiment surrounding Centurylink Inc (NYSE: CTL) remains negative and weighed down by its legacy rural telecom association, according to Jefferies. The perception is unjustified and the stock should gain at least 25 percent from where it trades today, in the sell-side firm's view. ...
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Rosenblatt Securities: Buy Acacia After A 'Steady Dose Of Bad News'
Tuesday, May 29, 2018 - 12:36pm | 435Read More...After a "steady dose of bad news" over the past year, now may be the time for investors to consider Acacia Communications, Inc. (NASDAQ: ACIA), according to Rosenblatt Securities. The Analyst Rosenblatt Securities' Ryan Koontz initiated coverage of Acacia Communications'...
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Analyst: ZTE Ban Could Spark Consolidation In Optical Space
Wednesday, April 18, 2018 - 8:27am | 445Read More...The U.S. government banned U.S.-based telecom companies from selling hardware and software components to the Chinese company ZTE for seven years. The announcement had a ripple effect across the entire optics sector and could even trigger industrywide consolidation, according to Northland Capital...
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Acacia Communications Investors 'Stuck With A Bad Hand,' Says Morgan Stanley
Friday, February 23, 2018 - 11:26am | 454Read More...Acacia Communications, Inc. (NASDAQ: ACIA) reported fourth-quarter results Thursday, with the top and bottom lines falling short of expectations on weakness in the optical telecom company's three end markets. The Analyst Morgan Stanley's Meta Marshall maintains an Equal-weight...
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Deutsche Bank Makes A Bull Call On Motorola Solutions
Friday, January 12, 2018 - 12:21pm | 422Read More...Motorola Solutions Inc (NYSE: MSI) is trading up after being upgraded by Deutsche Bank and named as the firm's large-cap value idea. The Analyst Deutsche Bank analyst Vijay Bhagavath upgraded shares of Motorola Solutions from Hold to Buy and increased the price target from $86 to $110...
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Buckingham Makes The Bull Case For Charter Communications
Wednesday, December 13, 2017 - 4:52pm | 347Read More...Shares of Charter Communications, Inc. (NASDAQ: CHTR) have lost nearly 15 percent over the past three months, but some analysts are confident enough in the cable company's 2018 prospects to recommend buying the stock. The Analyst The Buckingham Research Group's Matthew Harrigan initiated...
