December 11, 2012 at 11:23 AM EST
AT&T: JP Morgan Ups Subscriber Estimate on Higher iPhone Activations
The Street is still mulling AT&T (T) management’s remarks at a UBS Annual Global Media and Communications Conference last Wednesday, when the company said smartphone sales this quarter are at a “record pace.” J.P. Morgan’s Philip Cusick, who rates AT&T shares Overweight, with a $36 price target, today raised his net subscriber additions forecast based [...]
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