✉news ScienceSpace first seen 18 h ago, last 14 h ago, peak #18
Bernstein Cuts Price Targets On Major US Telecom Stocks
Original: Bernstein Slashes Targets On VZ, CHTR, T, CMCSA, TMUS Stocks: What’s The SpaceX Connection?
Bernstein has lowered its price targets on the major US telecom and cable stocks Verizon, Charter Communications, AT&T, Comcast and T-Mobile US. The move is tied to concerns about SpaceX, whose satellite internet service Starlink is increasingly seen as a competitive threat to traditional broadband and mobile providers. Analysts appear to be reassessing how much revenue these companies could lose as satellite connectivity expands.
Why now: Bernstein's downgraded price targets on five major telecom stocks over SpaceX competition is fresh analyst news affecting widely held shares
BernsteinVerizonAT&TComcastSpaceX
Evidence
- Bernstein Slashes Targets On VZ, CHTR, T, CMCSA, TMUS Stocks: What’s The SpaceX Connection? · Stocktwits
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