JP Morgan Maintains Neutral on AT&T, Lowers Price Target to $17
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Philip Cusick maintains a Neutral rating on AT&T (NYSE:T) and lowers the price target from $18 to $17.
October 12, 2023 | 3:43 pm
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NEGATIVE IMPACT
JP Morgan has lowered the price target for AT&T from $18 to $17 while maintaining a Neutral rating.
The lowering of the price target by JP Morgan indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on AT&T's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100