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.
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IMPORTANCE 85
RELEVANCE 100