4 Analysts Assess AT&T: What You Need To Know
Portfolio Pulse from Benzinga Insights
Analysts have updated their ratings and price targets for AT&T (NYSE:T), with an average 12-month price target of $21.25, up from the previous $19.00. The ratings range from 'Equal-Weight' to 'Buy', with recent upgrades from Barclays, Deutsche Bank, Oppenheimer, and Wells Fargo. AT&T's financials show strong market position, revenue growth, profitability, and efficient use of assets. The company's wireless business is a major revenue contributor, and it holds a 70% stake in DirecTV.
January 31, 2024 | 5:00 pm
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POSITIVE IMPACT
Analysts have raised their ratings and price targets for AT&T, indicating a positive outlook on the company's performance. The average 12-month price target is now $21.25, suggesting potential upside from the current level.
The unanimous positive revisions in ratings and price targets by analysts from reputable firms such as Barclays, Deutsche Bank, Oppenheimer, and Wells Fargo suggest a strong consensus on AT&T's positive trajectory. This, combined with the company's solid financial performance, indicates a likely positive short-term impact on the stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100