Why Verizon, AT&T, and AST SpaceMobile Stocks Are Higher Today
At least one Wall Street analyst believes the business climate for wireless telecom companies is improving. The resulting upgrades are giving a lift to the two stocks he specifically mentioned, as well as another company that needs a strong telecom market to succeed.
Shares of AT (NYSE: T) and Verizon Communications (NYSE: VZ) were up by as much as 3.4% Tuesday, and shares of AST SpaceMobile (NASDAQ: ASTS) were up as much as 4%, on hopes for better days ahead for the wireless sector.
It has been a tough year for telecoms. Shares of Verizon and AT are down 13% and 20%, respectively, year to date on concerns including competition, industry structure, and higher interest rates.
Source Fool.com
Verizon Communications Inc. Aktie
38,07 €
-1,23 %
Hohe Buy- und niedrige Sell-Zahlen bei Verizon Communications Inc. zeigen ein stark positives Sentiment.
Ein positives, wenn auch bescheidenes, Potenzial für Verizon Communications Inc. mit einem Kursziel von 41 € im Vergleich zum aktuellen Kurs von 38.07 €.
