United States Cellular Corp (NYSE: USM) stock closed at $45.95 on 5/9/24 after a major increase of 27.7%. Moreover, exceptionally high trading volume at 906% of normal accompanied the advance. The stock has risen 26.5% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, USM is expected to continue to be a Value Builder.
United States Cellular has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. United States Cellular has a very high Appreciation Score of 87 but a neutral Power Rating of 44, triggering the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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