Tag: Yahoo Finance

KeyBanc Turns Bearish On AT&T, Says Consumers Facing Macro Pressure

KeyBanc Capital Markets data indicates a month-on-month decline in AT&T Inc's (NYSE: T) wireless postpaid average revenue per user, suggesting limited improvement in service revenue in the third quarter. The AT&T Analyst: Brandon Nispel downgraded AT&T from Sector Weight to Underweight with a $25 price target. The AT&T Thesis: The company is "secularly and competitively challenged," while expectations seem high across most segments, Nispel said in a downgrade note.The analyst named the following takeaways from KeyBanc's proprietary Key First Look Data: * Declining postpaid ARPUs on both a month-on-month and year-on-year basis. * A deceleration in DirecTV indexed customers from negative 16% year-on-year in July to negative 18% in August. * Rapid deceleration in DirecTV ARPUs to 0.5% year-on-year in August, from 3.8% in July and "mid to high single-digit growth previously." * Net additions at AT&T TV and AT&T TV Now of around 200,000 and 100,000 in the third quarter....

Gilead vs Pfizer: Which Healthcare Stock Has Stronger Prospects?

The focus and resources of several biotech and pharma companies have shifted toward developing a vaccine or treatment for COVID-19. However, there are many companies in the healthcare space that have a strong product portfolio and a promising pipeline and could offer attractive investment opportunities for investors irrespective of their success in coming up with a treatment for the novel coronavirus.We will analyze two leading pharma companies Gilead Sciences and Pfizer and use Tipranks' Stock Comparison tool to arrive at the stock which offers a more compelling investment opportunity.Pfizer (PFE)Pfizer has been in the news for its COVID-19 vaccine candidate BNT162b2, which the company is developing in collaboration with BioNTech (BNTX). Last month, Pfizer and BioNTech proposed expanding the late-stage trial of BNT162b2 to include 44,000 participants, up from the originally planned 30,000 participants. The two companies reaffirmed that they expect a conclusive readout on the efficacy of the vaccine by...