AT&T Shares are trading higher after JP Morgan upgraded the stock from Neutral to Overweight and raised its price target from $18 to $21.
Portfolio Pulse from Benzinga Newsdesk
AT&T's stock (T) is trading higher following an upgrade by JP Morgan from Neutral to Overweight, with a price target increase from $18 to $21.
February 01, 2024 | 5:06 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
AT&T's stock received a positive outlook from JP Morgan, upgrading it to Overweight and raising the price target from $18 to $21.
The upgrade by JP Morgan to Overweight signifies a strong confidence in AT&T's future performance. The increase in price target from $18 to $21 reflects an expectation of higher future stock prices, likely leading to increased investor interest and potentially higher stock prices in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100