Goldman initiated coverage on Starry with a new price target
$STRY
Telecommunications Equipment
Consumer Discretionary
Goldman initiated coverage of Starry with a rating of Buy and set a new price target of $10.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 6/17/2022 | $9.00 | Outperform | Cowen |
| 6/13/2022 | $11.00 | Buy | MoffettNathanson |
| 6/3/2022 | $10.00 | Perform | Oppenheimer |
| 6/2/2022 | $9.00 | Buy → Neutral | Goldman |
| 5/12/2022 | $9.50 | Neutral | Citigroup |
| 4/25/2022 | $10.00 | Buy | Goldman |
Starry Group Holdings, Inc. (the "Company" or "Starry"), a licensed fixed wireless technology developer and internet service provider, today announced that it will leave the Columbus, Ohio market after mutual termination of its strategic alliance agreement with its local partner AEP Ventures, LLC ("AEP"). Starry announced its intention to serve the market in June 2021 and successfully built its fixed wireless network to cover more than 350,000 homes. Starry's decision to voluntarily leave the market is part of the company's broader reorganization, as it focuses its resources and investment in its five core urban markets: Boston, New York City, Los Angeles, Denver and Washington, DC. "Leavi
Interim financing will enable the company additional time to execute on capital raising and other strategic balance sheet solutions. Starry Group Holdings, Inc. (NYSE:STRY) (the "Company" or "Starry"), a licensed fixed wireless technology developer and internet service provider, today announced that on December 13, 2022 it entered into a ninth amendment (the "Ninth Amendment") to the Amended and Restated Credit Agreement with its lenders. The Ninth Amendment provides for interim loan financing of more than $11 million with the ability to access additional financing through an uncommitted accordion debt basket of additional loans of up to $30 million. On October 31, 2022, Starry announced
There is no impact to customers' internet service due to this notice. Starry Group Holdings, Inc. (NYSE:STRY) (the "Company" or "Starry"), a licensed fixed wireless technology developer and internet service provider, today announced that on December 14, 2022, the New York Stock Exchange (the "NYSE") notified the Company, and publicly announced, that it has determined to commence proceedings to delist the Company's Class A Common Stock (the "Class A Common Stock") and warrants to purchase shares of Class A Common Stock (the "Warrants") from the NYSE and that trading in the Class A Common Stock and Warrants would be suspended immediately, due to trading price levels pursuant to Section 802.0
424B3 - Starry Group Holdings, Inc. (0001884697) (Filer)
8-K - Starry Group Holdings, Inc. (0001884697) (Filer)
424B3 - Starry Group Holdings, Inc. (0001884697) (Filer)
4 - Starry Group Holdings, Inc. (0001884697) (Issuer)
4 - Starry Group Holdings, Inc. (0001884697) (Issuer)
4 - Starry Group Holdings, Inc. (0001884697) (Issuer)
Cowen initiated coverage of Starry with a rating of Outperform and set a new price target of $9.00
MoffettNathanson initiated coverage of Starry with a rating of Buy and set a new price target of $11.00
Oppenheimer initiated coverage of Starry with a rating of Perform and set a new price target of $10.00
Third Quarter Consolidated Revenues of $4.46 Billion* Third Quarter GAAP Diluted EPS of $1.06 and Adjusted Diluted EPS of $1.77* Net Income Attributable to Common Stock of $156.0 Million and Adjusted EBITDA of $467.4 Million* Cash Flow from Operations of $343.4* Million and Strong Free Cash Flow* Remaining Performance Obligations of $6.8 Billion* and Total Backlog of $20.9 Billion* Confirming Full-Year 2022 Financial Expectations * = Record quarterly or record third quarter result HOUSTON, Nov. 3, 2022 /PRNewswire/ -- Quanta Services, Inc. (NYSE:PWR) today announced results for the three months ended September 30, 2022. Revenues in the third quarter of 2022 were $4.46 billion compared to rev
Starry demonstrates solid execution for a third quarter in a row, with strong year-over-year growth in customer relationships, network growth and expansion of its digital equity program; Full reporting of 3Q results follows implementation of cost-cutting measures and retention of advisors to explore strategic and balance sheet solutions. Starry Group Holdings, Inc. (NYSE:STRY) (the "Company" or "Starry"), a licensed fixed wireless technology developer and internet service provider, today reported full results for the third quarter of 2022. The results showed that Starry has continued to successfully execute on its subscriber growth plan, delivering a strong increase in customer relationsh
Starry 3Q earnings conference call start time updated to 8:00 a.m. Eastern Time (ET). Starry Group Holdings, Inc., (the "Company" or "Starry"), a next generation licensed fixed wireless technology developer and internet service provider, today announced that it will host a conference call on Wednesday, November 2, 2022 at 8:00 a.m. Eastern Time (ET) with the financial community to discuss results for the company's third quarter of 2022. Starry will issue a press release reporting its results prior to the call. Those parties interested in participating via telephone should dial one of the numbers below and enter the conference ID number 242769. United States Toll Free: 1-844-200-6205 Uni
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SC 13G - Starry Group Holdings, Inc. (0001884697) (Subject)