AT&T VULNERABLE to Churn and 4 Stock Analyses Attracting Attention
AT&T, Inc. (NYSE:T): Though a few think that AT&T will be vulnerable to high levels of churn with the release of Apple’s (NASDAQ:AAPL) new iPhone, Wells Fargo believes that the carrier will “more than hold its own” during the refresh. The firm maintains an Outperform rating on the stock.
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Tangoe Inc (NASDAQ:TNGO): Raymond James would use yesterday’s weakness concerning a negative publication as an opportunity to buy. The firm stated that Tangoe’s fundamentals are still strong and that the company’s 20 percent plus organic growth remains intact. Shares have a Strong Buy rating and a $26 price target.
Seagate Technology. (NASDAQ:STX) price target has been increased by Bank of America Merrill Lynch to $35 from $31 and Western Digital’s (NYSE:WDC) to $45 from $38 due to improved investor sentiment. Both keep a Neutral rating.
Concur Technologies, Inc. (NASDAQ:CNQR) target has been raised by RW Baird since the firm thinks that a recent rise in the company’s sales force will accelerate its revenue growth. The firm keeps its Outperform rating on the stock.
SolarWinds, Inc. (NYSE:SWI) target has been raised by RW Baird because the firm is more upbeat concerning the company’s ability to successfully expand itself into new foreign markets. The firm reiterates its Outperform rating on the stock.
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