US Cellular upgraded by Raymond James with a new price target
$USM
Telecommunications Equipment
Telecommunications
Raymond James upgraded US Cellular from Mkt Perform to Outperform and set a new price target of $86.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/7/2024 | $86.00 | Mkt Perform → Outperform | Raymond James |
| 5/30/2024 | $38.00 → $75.00 | Equal Weight → Overweight | Wells Fargo |
| 8/9/2023 | $16.00 → $38.00 | Underweight → Equal Weight | Wells Fargo |
| 8/8/2023 | $52.00 | Neutral → Overweight | JP Morgan |
| 1/10/2023 | $33.00 → $20.00 | Overweight → Underweight | Wells Fargo |
| 11/8/2022 | $32.00 → $24.00 | Underweight → Neutral | JP Morgan |
| 11/7/2022 | Strong Buy → Mkt Perform | Raymond James | |
| 4/19/2022 | $37.00 | Overweight → Equal-Weight | Morgan Stanley |
Raymond James upgraded US Cellular from Mkt Perform to Outperform and set a new price target of $86.00
Wells Fargo upgraded US Cellular from Equal Weight to Overweight and set a new price target of $75.00 from $38.00 previously
Wells Fargo upgraded US Cellular from Underweight to Equal Weight and set a new price target of $38.00 from $16.00 previously
4 - UNITED STATES CELLULAR CORP (0000821130) (Issuer)
4 - UNITED STATES CELLULAR CORP (0000821130) (Issuer)
4 - UNITED STATES CELLULAR CORP (0000821130) (Issuer)
8-K - UNITED STATES CELLULAR CORP (0000821130) (Filer)
10-Q - UNITED STATES CELLULAR CORP (0000821130) (Filer)
8-K - UNITED STATES CELLULAR CORP (0000821130) (Filer)
CHICAGO, Nov. 7, 2024 /PRNewswire/ -- United States Cellular Corporation (NYSE:USM) today has announced that it has entered into an agreement with AT&T (NYSE:T) to sell a portion of the Company's retained spectrum licenses for total consideration of $1.018 billion. The transaction is part of the objective UScellular announced on May 28, 2024, to opportunistically monetize the spectrum that was not included in the proposed sale to T-Mobile; and follows the transactions previously announced on October 18, 2024, to sell a portion of the retained spectrum licenses to Verizon and two other mobile network operators. "We are pleased with the significant value that will be realized in the various
CHICAGO, Nov. 1, 2024 /PRNewswire/ -- As previously announced, UScellular will hold a teleconference on November 1, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.uscellular.com. United States Cellular Corporation (NYSE:USM) reported total operating revenues of $922 million for the third quarter of 2024, versus $963 million for the same period one year ago. Service revenues totaled $747 million, versus $762 million for the same period one year ago. Net income (loss) attributable to UScellular shareholders and related diluted earnings (loss) per share were $(79) million and $(0.92), respectively, for the third quarter of 2024 compared to $23
CHICAGO, Oct. 25, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their third quarter operating results conference call on November 1, 2024, at 9:00 a.m. Central Time. The companies will release their financial results on November 1, 2024. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The presentations will be webcast both live and on-demand. It is recommended that you register at least 15 minutes before the beginning of the presentation to register, download and install any necessary multimedia streaming software. About TDS
CHICAGO, Nov. 1, 2024 /PRNewswire/ -- As previously announced, UScellular will hold a teleconference on November 1, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.uscellular.com. United States Cellular Corporation (NYSE:USM) reported total operating revenues of $922 million for the third quarter of 2024, versus $963 million for the same period one year ago. Service revenues totaled $747 million, versus $762 million for the same period one year ago. Net income (loss) attributable to UScellular shareholders and related diluted earnings (loss) per share were $(79) million and $(0.92), respectively, for the third quarter of 2024 compared to $23
CHICAGO, Oct. 25, 2024 /PRNewswire/ -- Telephone and Data Systems, Inc. (NYSE: TDS) and United States Cellular Corporation (NYSE: USM) will be webcasting their third quarter operating results conference call on November 1, 2024, at 9:00 a.m. Central Time. The companies will release their financial results on November 1, 2024. To listen to the webcast, please visit the events & presentations pages of investors.tdsinc.com or investors.uscellular.com. The presentations will be webcast both live and on-demand. It is recommended that you register at least 15 minutes before the beginning of the presentation to register, download and install any necessary multimedia streaming software. About TDS
2024 guidance reaffirmed CHICAGO, Aug. 2, 2024 /PRNewswire/ -- As previously announced, UScellular will hold a teleconference on August 2, 2024, at 9:00 a.m. CDT. Listen to the call live via the Events & Presentations page of investors.uscellular.com. United States Cellular Corporation (NYSE:USM) reported total operating revenues of $927 million for the second quarter of 2024, versus $957 million for the same period one year ago. Service revenues totaled $743 million, versus $760 million for the same period one year ago. Net income attributable to UScellular shareholders and related diluted earnings per share were $17 million and $0.20, respectively, for the second quarter of 2024 compared
CHICAGO, Dec. 1, 2022 /PRNewswire/ -- United States Cellular Corporation (NYSE:USM) announced that Douglas W. Chambers and James W. Butman have been appointed to its Board of Directors effective January 1, 2023. This follows on the previously announced appointment of Xavier D. Williams, CEO of Network Wireless LLC, to the Board effective January 1, 2023, and the continued service on the Board by Deirdre C. Drake, Executive Vice President, Chief People Officer and Head of Communications, following her retirement as an officer of UScellular on January 2, 2023. Mr. Chambers is currently executive vice president, chief financial officer and treasurer for UScellular. He has more than 25 years of
Williams brings new perspective and extensive telecommunications experience CHICAGO, Oct. 17, 2022 /PRNewswire/ -- United States Cellular Corporation (NYSE:USM) announced today that the Board of Directors has appointed Xavier D. Williams to serve on its board effective January 1, 2023. Mr. Williams replaces J. Samuel Crowley, who has served with distinction for 24 years. "We believe good corporate governance involves ongoing review of Board composition, and we are delighted that Xavier will be joining our Board of Directors. With more than thirty years of experience in the tel
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