BofA reinstates coverage on top U.S. telecoms

4 hours ago 2
telecommunication towers

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Bank of America reinstated its coverage of AT&T (NYSE:T), Verizon (NYSE:VZ), and T-Mobile US (NASDAQ:TMUS) on Monday.

Analyst Michael Funk writes that the telecom sector is often viewed as homogeneous, with stocks being under-owned by institutional investors and overlooked as being

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