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Here are Wednesday's top research calls, including new coverage of Advanced Micro Devices and Transocean, upgrades for Clovis Oncology and ConocoPhillips, and a downgrade for Disney.
These four stocks have underperformed the broader market but now look poised to make up lost ground.
U.S. telecoms have used mergers to offset revenue pressures and protect their rich dividends.
U.S. telcos have been turning to M&A to offset revenue pressures and protect their rich dividends. That leaves conditions ripe for further dealmaking.