Michael Rollins

Citi initiated coverage on Zayo Group Holdings Inc (NYSE: ZAYO) Wednesday with a Buy rating and $30 price target. Analysts led by Michael Rollins noted that they “are upbeat on the demand prospects for metro-fiber assets more broadly for the telecom category based on the growing need for...

Analysts at Citi upgraded shares of Level 3 Communications, Inc. (NYSE: LVLT) from Neutral to Buy and raised the price target from $44 to $55. Michael Rollins finds the company has improving revenue growth prospects and margin expansion should continue. Rollins stated, “We are upgrading...

AT&T Inc.'s (NYSE: T) reduced revenue outlook for 2014 reflects "a transition period" that will require a year or more to complete, according to an analyst Wednesday. Citi's Michael Rollins said AT&T's lower guidance that accompanied its third-quarter earnings...

American Tower Corp (NYSE: AMT) may soon emerge as the winning bidder for a cell tower network getting sold off by Verizon Communications Inc. (NYSE: VZ), an analyst said Friday. American's "strategic interest" in having Verizon as an anchor tenant suggests that it will offer more...

Citing a meeting with Sprint's (NYSE: S) management team on May 15, Citigroup analyst Michael Rollins wrote, "Sprint management still seems to have a strong interest to pursue a merger scenario with T-Mobile." Rollins noted that this is despite the common perception that a merger of the two...

Citi analyst Michael Rollins raised the price targets on Sprint (NYSE: S) and T-Mobile U.S. (NYSE: TMUS) to better reflect option value from the possible merger scenario. Sprint's price target was raised from $8.50 to $10.50 and T-Mobile's PT increased from $28.00 to $33.50. Following media...

In a report published Monday, Citigroup analyst Michael Rollins upgraded the rating on American Tower (NYSE: AMT) from Neutral to Buy, and reiterated an $89.00 price target. In the report, Citigroup noted, “We are upgrading AMT after retaining an out-of-consensus Neutral rating over the last 12...

In a report published Monday, Citigroup analyst Michael Rollins reiterated a Neutral rating on Cogent Communications (NASDAQ: CCOI), and raised the price target from $31.00 to $33.00. In the report, Citigroup noted, “Cogent reported light 2Q headline results with slower revenue growth relative...

In a report published Thursday, Citigroup analyst Michael Rollins reiterated a Neutral rating on American Tower (NYSE: AMT), but lowered the price target from $91.00 to $80.00. In the report, Citigroup noted, “American Tower reported another solid second quarter of results with organic revenue...

In a report published Wednesday, Citigroup analyst Michael Rollins reiterated a Neutral rating on Crown Castle International (NYSE: CCI), but lowered the price target from $85.00 to $74.00. In the report, Citigroup noted, “Crown reported 2Q headline results that were ahead of our estimates and...

In a report published Wednesday, Citigroup analyst Michael Rollins downgraded the rating on TW Telecom (NASDAQ: TWTC) from Buy to Neutral, but reiterated the $30.00 price target. In the report, Citigroup noted, “We are reducing our rating on TW Telecom from Buy to Neutral with an unchanged...

Citi analyst Michael Rollins upgraded Equinix Inc (NASDAQ: EQIX) from Hold to Buy. His stated reasons were: "1) prospect for improving domestic revenue growth heading into the 2H/10 based on our recent sector checks and bottom-up revenue analysis; 2) we believe the revenue risk from Euro exposure...

Michael Rollins, an analyst at Citigroup, has reiterated a Buy on Verizon Inc (NYSE: VZ) with a price target of $34.00. 2010 is expected to be a year of inflection for Verizon with better EPS growth prospects due to increasing wireless gains, improving wire-line revenue from recovering enterprise...

A look at recent analyst views on telecom behemoth Verizon Inc. (NYSE: VZ) indicates pleasant prospects. Analysts at BMO Capital Markets have rated an Outperform with a price target of $35.00 attributing its views to stable operational outlook, attractive valuations and wireless revenues offsetting...

Michael Rollins of Citi maintains its “buy“ rating for Cogent Communications Group Inc (NASDAQ: CCOI), while raising its earnings estimates for the company. The target price for CCOI is set to $63. Citi expects CCOI to post recovery in its 4Q organic revenue growth on the back of improvement in...