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February 22, 2013
07:23 EDTADTNAdtran unlikely to win AT&T U-Verse business, says Jefferies
Jefferies believes AT&T (T) will soon select a vendor for equipment used to upgrade the old Fiber-to-the-Curb, or FTTC, infrastructure that was deployed in the heritage BellSouth territory. The firm estimates the opportunity at $50M over two-to-three years and thinks Adtran has a less than 25% chance of winning the business. Further, Jefferies thinks issues of carrier capital spending trends and potential market share losses are not fully priced into shares of Adtran. The firm keeps an Underperform rating on the stock with a $13.25 price target.
News For ADTN From The Last 14 Days
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November 19, 2014
07:40 EDTADTNUBS to hold a conference
Global Technology Conference to be held in Sausalito, California on November 18-20 with webcasted company presentations to begin on November 19 at 10:45 am; not all company presentations may be webcasted.Webcast Link
November 12, 2014
14:32 EDTADTNADTRAN January puts active
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November 10, 2014
15:55 EDTADTNNeedham to hold a conference
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08:22 EDTADTNNetwork equipment makers slip after AT&T projects lower 2015 capital spending
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08:12 EDTADTNAT&T 2015 capex reduction negative for select stocks, says JPMorgan
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