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Top related persons:
Michael Rollins - 3 Rollins - 3 Hans Vestberg - 1 Brendan McDermid - 1 Wall - 1 MDT - 1 Rick Wise - 1 Geoff Martha - 1
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Verizon - 3 Citi - 3 AT - 2 DELL - 1 New York Stock Exchange - 1 Analysts - 1 Verizon Communications - 1 Verizon Hedge - 1

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4 mentions found


☆ Top Wall Street analysts select these dividend stocks to enhance returns
  + stars: | 2023-09-10 | by ( Tipranks.Com Staff | ) www.cnbc.com   time to read: +7 min
To that effect, here are five attractive dividend stocks, according to Wall Street's top experts on TipRanks, a platform that ranks analysts based on their past performance. The analyst increased his price target for Verizon stock by $1 to $40, while maintaining AT&T's price target at $17. Also, he expects the prospects for improved free cash flow to lower net debt leverage and support the dividend payments. That said, with expectations of higher cash flow generation, Crum said that "the company should have more flexibility around growing its dividend going forward." (See Hasbro Stock Chart on TipRanks)Dell TechnologiesNext up is Dell (DELL), a maker of IT hardware and infrastructure technology, which rallied after its fiscal second-quarter results far exceeded Wall Street's estimates.
Persons: Hans Vestberg, Brendan McDermid, Wall, Michael Rollins, Rollins, MDT, Rick Wise, Geoff Martha, Wise, Drew Crum, Crum, TipRanks, Amit Daryanani, Daryanani, Dell Organizations: DELL, Verizon, New York Stock Exchange, Analysts, Verizon Communications, Citi, AT, Verizon Hedge, Hasbro, Dell Technologies, Dell, TipRanks, GPU, Walmart, &' $ Locations: New York, U.S
☆ Citi upgrades Verizon and AT&T, says companies can support their nearly 8% dividend yields
  + stars: | 2023-08-29 | by ( Pia Singh | ) www.cnbc.com   time to read: +2 min
Telecommunication giants AT & T and Verizon are turning a corner that will make it easier for both companies to maintain their high dividend yields, according to Citi. Analyst Michael Rollins upgraded Verizon and AT & T to buy. "A variety of concerns have weighed on Telco sentiment and valuation, including competition, industry structure, higher rates and lead. We see a more constructive investment case for large-cap Telcos," Rollins wrote in a Monday note. Verizon yields 7.8% along with AT & T, FactSet data shows.
Persons: Michael Rollins, Rollins, — CNBC's Michael Bloom Organizations: AT, Verizon, Citi, VZ, Street
☆ AT&T shares hit three-decade low as lead cables risk weighs
  + stars: | 2023-07-17 | by ( Chibuike Oguh | Thomson Reuters | Chibuike Reports On Mostly Large U.S.-Based Private Equity Firms | ) www.reuters.com   time to read: +3 min
Analysts at Citigroup and JPMorgan both lowered their recommendations on AT&T shares in recent days. The shares hit a low of $13.68 in Monday's session, the lowest since March 1993. "We have not seen, nor have regulators identified, evidence that legacy lead-sheathed telecom cables are a leading cause of lead exposure or the cause of a public health issue,” a U.S. Telecoms spokesperson said in a statement. Shares of Verizon were also down on Monday, falling 5.5% to $32.14, a nearly 13-year low. Reporting by Chibuike Oguh in New York; Editing by Lance Tupper and Deepa BabingtonOur Standards: The Thomson Reuters Trust Principles.
Persons: Michael Rollins, Rollins, ”, Philip Cusick, Michael Hodel, Chibuike Oguh, Lance Tupper, Deepa Babington Organizations: YORK, T Inc, U.S, Verizon, Citigroup, JPMorgan, U.S ., Citi, U.S . Telecom, Morningstar, Thomson Locations: U.S, New York
☆ Citi upgrades Comcast to buy, says investors should take another look at cable companies
  + stars: | 2022-10-13 | by ( Sarah Min | ) www.cnbc.com   time to read: +2 min
It's time to take another look at Comcast , according to Citi. Analyst Michael Rollins upgraded shares of Comcast to buy from neutral, saying that cable companies broadly have some advantages despite the challenges they face. "However, we also see an increasing likelihood that the cable firms promptly respond to stabilize or improve value for shareholders," Rollins added. Cable companies have broadly come under pressure this year as investors question whether they can continue to grow subscriptions next year while competing with streaming. The analyst also upgraded cable companies Altice USA to buy, and maintained Charter at neutral.
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