The SpaceX threat could loom over AT&T’s stock for a prolonged stretch, analyst cautions
Summary
A financial analyst has withdrawn recommendations for major telecommunications equities due to anticipated market volatility. The caution stems from potential long-term competitive pressures originating from SpaceX within the sector.
Bernstein analyst Laurent Yoon no longer recommends any of the major telecommunications stocks as he warns of more volatility ahead.
Source: Read the full story at MarketWatch.com - Top Stories
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