AT&T and Verizon Stock Downgraded

• J.P. Morgan analyst Mike McCormack raised a bit of a ruckus with a downgrade of AT&T and Verizon largely based on “on deteriorating wireless fundamentals, specifically in the higher value postpaid subscriber base of each company. Is the US finally ready to go Pre-paid like the rest of the world? (Zdnet)

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Tagged as: analyst, AT&T, downgrade, Palm, predicition, stock price, Verizon