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Here are Wednesday's top research calls, including upgrades for Bank of America, Goldman Sachs and HP, along with new coverage of Comcast, Verizon, AT&T, Sprint and T-Mobile.
Demand appears stable for now, as interest among some PC users in newer technologies offsets slow upgrade rates among others.
It only took eight months for Facebook Messenger to tack on 200 million more monthly active users, driving its total to 1.2 billion.