Craig Moffett, ex-Bernstein Analyst, Sets Up Own Firm

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Craig Moffett, the former top-ranked telecommunications analyst at Sanford C. Bernstein & Co., is returning to the industry with his own independent equity research firm, Moffett Research LLC.

Moffett, 50, left Bernstein, a division of New York-based AllianceBernstein LP, in January after more than 10 years at the firm. Former colleagues Patrick O’Connell, Ethan Steinberg and John Towers, who left Bernstein at the same time, will join Moffett as partners, New York-based Moffett Research said in a statement today.