Scotiabank Upgrades AT&T to Sector Outperform, Announces $18.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Jeff Fan has upgraded AT&T (NYSE:T) from Sector Perform to Sector Outperform and announced a price target of $18.5.
October 20, 2023 | 12:37 pm
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AT&T has been upgraded to Sector Outperform by Scotiabank with a new price target of $18.5.
The upgrade from Scotiabank is a positive signal for AT&T. It indicates that the analyst believes the company will outperform its sector, which could lead to an increase in the stock price. The new price target of $18.5 also suggests that the analyst sees potential for price appreciation.
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IMPORTANCE 80
RELEVANCE 100