Wells Fargo Maintains Overweight on AT&T, Raises Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Overweight rating on AT&T (NYSE:T) and increased the price target from $17 to $20.

December 13, 2023 | 3:09 pm
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Wells Fargo analyst Eric Luebchow reaffirmed an Overweight rating on AT&T and raised the price target to $20, indicating a positive outlook.
The increase in price target by a reputable analyst typically suggests a bullish view on the stock's future performance. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100