The firm also upgraded the carrier’s stock to a buy from a hold rating.
Related Posts
Trump Media loses $19.2 million in third quarter, surprise Election Day filing reveals
Trump Media on Tuesday reported a loss for the third quarter along with a slight drop in already-meager revenue.
Exxon earnings beat, increases fourth-quarter dividend
Exxon’s stock rose in early trading after beating earnings expectations.
Another activist takes aim at Macy’s, seeking spending cuts and real-estate restructuring
Macy’s faces its fourth activist push in the last decade as it tries to turn around struggling stores.