Telephone and Data Systems (TDS) Receives Analyst Rating

Telephone and Data Systems (TDS) : Zacks Investment Research ranks Telephone and Data Systems (TDS) as 3, which is a Hold recommendation. 3 research analysts consider that the stocks fundamentals point to a bright future, hence they rate the stock as a Strong Buy. A total of 1 analysts believe that the stock has a limited upside, hence they advise a Hold. The average broker rating of 4 research analysts is 1.5, which indicates as a Strong Buy.

Telephone and Data Systems (TDS) has been rated by 2 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $44 and the lowest price target forecast is $38. The average forecast of all the analysts is $41 and the expected standard deviation is $4.24.


Telephone and Data Systems (NYSE:TDS): After opening at $26.7, the stock dipped to an intraday low of $26.68 on Thursday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $27.26 and the buying power remained strong till the end. The stock closed at $27.12 for the day, a gain of 1.46% for the day session. The total traded volume was 467,825. The stocks close on the previous trading day was $26.73.

Telephone and Data Systems, Inc. (TDS) is a diversified telecommunications company. The Company is engaged in providing telecommunications services. TDS conducts its Wireless operations through its subsidiary, United States Cellular Corporation (U.S. Cellular). TDS provides Wireline services, cable services and hosted and managed services, through its wholly-owned subsidiary, TDS Telecommunications Corporation. U.S. Cellular offers a range of Wireless devices, such as handsets, modems, mobile hotspots, home phone and tablets for use by its customers. TDS Telecom operates in three segments: Wireline, which provides retail telecommunications services to residential and commercial customers; Cable, which provides colocation and managed services, and Hosted and Managed Services, which offers a suite of information technology (IT) solutions including cloud and hosting solutions, managed services, enterprise resource planning application management, professional services and IT hardware.

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