Breakfast Technical Briefing on Telecom Services Stocks -- Frontier Communications, AT&T, CenturyLink, and Verizon Communications

NEW YORK, July 19, 2017 /PRNewswire/ --

If you want a Stock Review on FTR, T, CTL, or VZ then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. Today, DailyStockTracker.com scans the following equities: Frontier Communications Corp. (NASDAQ: FTR), AT&T Inc. (NYSE: T), CenturyLink Inc. (NYSE: CTL), and Verizon Communications Inc. (NYSE: VZ). Domestic Telecom Services companies provide communication services for voice, data, and video transmission through a variety of ways. They also own and operate fixed-line, wireless, high-bandwidth, and/or satellite networks. Daily Stock Tracker published free research reports on these stocks today at: http://dailystocktracker.com/register/

Frontier Communications 

Norwalk, Connecticut-based Frontier Communications Corp.'s shares dropped 2.93%, closing Tuesday's trading session at $13.93. The stock recorded a trading volume of 2.18 million shares. The Company's shares are trading 24.94% below their 50-day moving average. Additionally, shares of Frontier Communications, which provides communications services to residential, business, and wholesale customers in the US, have a Relative Strength Index (RSI) of 34.16.  

On July 10^th, 2017, Frontier Communications announced the completion of its 1-for-15 reverse stock split of the issued shares of common stock, which became effective as of the beginning of trading that day. The Company's common stock will continue to trade on the NASDAQ Global Select Market under the symbol "FTR" with a new CUSIP number (35906A 306). See our free and comprehensive research report on FTR at: http://dailystocktracker.com/registration/?symbol=FTR

AT&T 

On Tuesday, shares in Dallas, Texas-based AT&T Inc. recorded a trading volume of 29.13 million shares, which was above their three months average volume of 21.32 million shares. The stock declined 1.10%, ending the day at $35.99. The Company's shares are trading below their 50-day moving average by 5.56%. Furthermore, shares of AT&T, which provides telecommunications and digital entertainment services, have an RSI of 29.21.  

On July 14^th, 2017, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with a decrease of the target price from $41 a share to $39 a share.

On July 17^th, 2017, AT&T announced that its Fixed Wireless Internet is now available for rural and underserved locations in select areas of Mississippi. Residents in parts of 15 counties are included, to which the Company has extended Fixed Wireless Internet as part of its FCC Connect America Fund commitment. The Company plans to reach over 400,000 locations nationwide by the end of 2017, and over 1.1-million locations nationwide by 2020. T free research report is just a click away at: http://dailystocktracker.com/registration/?symbol=T

CenturyLink 

Monroe, Louisiana-based CenturyLink Inc.'s stock finished the day 2.40% lower at $22.33 with a total trading volume of 8.72 million shares. The stock is trading below their 50-day moving average by 9.92%. Shares of the Company, which provides various communications services to residential, business, wholesale, and governmental customers in the US, have an RSI of 29.20.  

On June 29^th, 2017, research firm Barclays reiterated its 'Underweight' rating on the Company's stock with a decrease of the target price from $24 a share to $23 a share.

On July 13^th, 2017, CenturyLink announced that it has once again been positioned as a leader in Gartner's Magic Quadrant for Managed Hybrid Cloud Hosting, Europe. This marks the fifth consecutive year Gartner has named the Company a leader in this report. The report evaluated managed hybrid cloud hosting solutions from the Company, and recognized it as a leading provider based on its "ability to execute" and "completeness of vision." Sign up for your complimentary report on CTL at: http://dailystocktracker.com/registration/?symbol=CTL

Verizon Communications 

Shares in New York headquartered Verizon Communications Inc. ended yesterday's session 0.69% lower at $43.36. The stock recorded a trading volume of 15.40 million shares. The Company's shares are trading 4.57% below their 50-day moving average. Moreover, shares of Verizon Communications, which through its subsidiaries, provides communications, information, and entertainment products and services to consumers, businesses, and governmental agencies worldwide, have an RSI of 36.41.  

On July 13^th, 2017, Verizon Communications proudly unveiled its master plans for a mixed-use development in Irving, Texas, which includes the now under-construction 1.2-million-square-foot headquarters of Pioneer Natural Resources. The development will feature an additional 1.5-million square feet for corporate tenants; a 200-room, full-service hotel; 1,200 residential units; 80,000 square feet for restaurant and retail space; two-acre public green space and amenities; and a DART rail station.

On July 14^th, 2017, research firm Barclays reiterated its 'Equal Weight' rating on the Company's stock with a decrease of the target price from $49 a share to $47 a share. Register for free on DailyStockTracker.com and download the latest research report on VZ at: http://dailystocktracker.com/registration/?symbol=VZ

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