Telephone and Data Systems shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight and announced a $38 price target.
Portfolio Pulse from Benzinga Newsdesk
JP Morgan has upgraded Telephone and Data Systems (TDS) from Neutral to Overweight and set a price target of $38. This has led to an increase in TDS's share price.
August 08, 2023 | 4:04 pm
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TDS's stock has been upgraded by JP Morgan, leading to a rise in its share price. The new price target is $38.
JP Morgan's upgrade from Neutral to Overweight indicates a positive outlook for TDS. This, coupled with a price target of $38, has led to an increase in TDS's share price. Investors may see this as a sign of confidence in the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100