RBC Capital Maintains Sector Perform on AT&T, Lowers Price Target to $14
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Jonathan Atkin has maintained a 'Sector Perform' rating on AT&T (NYSE:T) but lowered the price target from $19 to $14.
August 10, 2023 | 2:15 pm
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AT&T's price target has been lowered from $19 to $14 by RBC Capital, though the 'Sector Perform' rating is maintained.
The lowering of the price target by RBC Capital indicates a less optimistic outlook for AT&T's stock in the short term. This could potentially lead to a decrease in the stock's price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100