At current prices, the stock only offers 3.7% upside to our $69 target price. We believe the risk reward is more balanced at current levels.
The cries of 'Who is next?' will clearly go up after this deal, but we tend to think that this (AT&T-BellSouth) was one of the most logical of the remaining unions.
The key question is whether investors take profits in both stocks after the recent rally on the thought that the stocks are dead money during the review period.
The quarter is likely to see a mix of positive and negative surprises, reflecting the impacts of mergers and competitive pressures respectively.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.
This website focuses on proverbs in the Swedish, Danish and Norwegian languages, and some parts including the links below have not been translated to English. They are mainly FAQs, various information and webpages for improving the collection.