Deutsche Bank Maintains Buy on AT&T, Lowers Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Bryan Kraft has maintained a 'Buy' rating on AT&T (NYSE:T) but lowered the price target from $23 to $22.
July 14, 2023 | 4:41 pm
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NEUTRAL IMPACT
AT&T's price target has been lowered from $23 to $22 by Deutsche Bank, though the 'Buy' rating is maintained.
The lowering of the price target by Deutsche Bank could potentially create a negative sentiment among investors. However, the maintained 'Buy' rating indicates that the bank still sees potential in the stock. This could lead to a neutral short-term impact on AT&T's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100