Nomura Securities Downgrades Intelsat S.A (I) to Neutral

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BofA/Merrill Lynch Downgrades Intelsat S.A (I) to Neutral

February 23, 2015 7:06 AM EST

BofA/Merrill Lynch downgraded Intelsat S.A (NYSE: I) from Buy to Neutral with a price target of $15.00 (from $30.00).

Analyst Michael Funk notes the company is exposed to secular pressures that degrades their FCB-based investment thesis. The company is exposed to 1) fiber substitution; 2)... More

S&P Places Intelsat S. A. (I) Ratings on Watch for Possible Downgrade

February 19, 2015 2:46 PM EST

Standard & Poor's Ratings Services today said it placed its ratings, including its 'B+' corporate credit rating, on Luxembourg-based Intelsat S. A. (NYSE: I) on CreditWatch with negative implications.

"The CreditWatch placement reflects a revision in our base-case forecast for Intelsat due to its lower-than-anticipated guidance for 2015, and our expectation that weakness could persist into 2016 due to pressure in network services, continued uncertainty around government demand, and potential delays in revenue contribution from the launch of its first high-throughput (HTS) satellite, IS-29e (Epic)," said Standard &... More

UPDATE: UBS Downgrades Intelsat S.A (I) to Neutral; Analyst Notes Lack of Catalysts

February 19, 2015 6:52 AM EST

(Updated - February 19, 2015 9:27 AM EST)

UBS downgraded Intelsat S.A (NYSE: I) from Buy to Neutral with a price target of $17 (from $23). The change follows Q4 results. Analyst Batya Levi noted Intelsat's high leverage and the lack of catalysts over the next 12 months.

"Our prior investment thesis was based on two parts: 1) refinancing the high-coupon... More

JPMorgan Downgrades Intelsat S.A (I) to Underweight

February 19, 2015 6:51 AM EST

JPMorgan downgraded Intelsat S.A (NYSE: I) from Neutral to Underweight with a price target of $12.00 (from $17.00).

For an analyst ratings summary and ratings history on Intelsat S.A click here. For more ratings news on Intelsat S.A click here.

Shares of Intelsat S.A closed at $15.77 yesterday.

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