Stock Rating Upgrade
During the last several trading days the Value Trend Rating for Telephone and Data Systems Inc (NYSE: TDS) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
Telephone and Data Systems Inc (NYSE: TDS) stock suffered a large decline of -5.4% on 5/20/24. The stock closed at $19.67. However, trading volume in this decline was below average at 76% of normal. The stock has been weak relative to the market over the last nine months and has declined -2.3% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, TDS is expected to continue to be a modest Value Builder.
Telephone and Data Systems has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Telephone and Data Systems has a very high Appreciation Score of 89 but a slightly negative Power Rating of 34, and the Positive Value Trend Rating results.
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