Where AT&T Stands With Analysts
Portfolio Pulse from Benzinga Insights
AT&T (NYSE:T) has received mixed analyst ratings in the last quarter, with 1 bullish, 2 somewhat bullish, 2 indifferent, and no bearish ratings. Over the past three months, 5 analysts have set a 12-month price target for AT&T, averaging $18.5, with a high of $20.00 and a low of $17.00. The average price target has increased by 2.78% over the past month. Analyst ratings are based on information from company calls, financial statements, and insider conversations, and provide guidance though they are subjective opinions.
December 13, 2023 | 7:01 pm
News sentiment analysis
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POSITIVE IMPACT
AT&T has received a range of analyst ratings, with an average 12-month price target of $18.5, which has seen a recent increase. The ratings are mixed but lean towards a positive outlook with no bearish ratings.
The absence of bearish ratings and the increase in the average price target suggest a positive sentiment among analysts, which could lead to a short-term positive impact on AT&T's stock price. However, as analyst ratings are subjective, the confidence level is not at the maximum.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100