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Posted June 4, 2015 by FTM Staff Analyst in NEWS
 
 

J.P. Morgan Upgrades AT&T, Downgrades Verizon

This morning J.P. Morgan upgraded shares of AT&T (T) and raised it’s price target from $35 to $40 saying that synergies from the DirecTV deal should help drive FCF higher.

 

JPM calls on AT&T

JPM calls on AT&T

 

On the other hand, J.P. Morgan downgraded shares of Verizon (VZ) to Neutral from OW though maintaining it’s price target of $55.

JPM calls on VZ

JPM calls on VZ

 

 

FTM Staff Analyst

 


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