Telephone And Data Systems Soars 11.2% On Upgrade, Dividend Hopes

On July 25, 2025, Telephone And Data Systems surged 11.2% in pre-market trading, marking a significant rise in its stock price.

Telephone and Data Systems Inc's stock has been upgraded to a Strong Buy Candidate, reflecting positive market sentiment and potential for growth. This upgrade, along with a recent price target increase to $41.00 by Argus, indicates strong confidence in the company's future performance.

Analysts have also noted that the company's technical summary data suggests a potential short position if the stock tests $39.37, with a downside target of $37.08. However, this is countered by the recent upgrade and price target increase, which may attract more buyers to the stock.

Investors are also keeping an eye on the company's dividend history and the potential for a special dividend boost from the sale of UScellular. This could further drive the stock price higher, as dividends are often seen as a stable source of income for investors.