Citigroup Upgrades AT&T to Buy, Announces $17 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Michael Rollins has upgraded AT&T from Neutral to Buy and set a price target of $17.
August 29, 2023 | 9:00 am
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AT&T has been upgraded from Neutral to Buy by Citigroup with a price target of $17.
The upgrade from Citigroup is a positive signal for AT&T. It indicates that the analyst believes the company's stock is likely to outperform the market or its sector in the short term. The price target of $17 also suggests that the analyst sees significant upside potential for the stock.
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