A Closer Look at 8 Analyst Recommendations For AT&T
Portfolio Pulse from Benzinga Insights
Eight analysts have recently updated their ratings on AT&T (NYSE:T), showing a mix of bullish and somewhat bullish perspectives with an average 12-month price target of $22.00, up from $20.33. The updates include raised price targets and new ratings, reflecting a positive outlook on AT&T's performance, particularly noting its revenue growth, strong market capitalization, and effective debt management. The company's core business in wireless services and fixed-line services contributes significantly to its revenue, with a notable presence in Mexico and a 70% equity stake in DirecTV.

March 05, 2024 | 2:00 pm
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Analysts have updated their ratings on AT&T, showing a positive outlook with an increased average price target of $22.00. The company's strong financial performance and strategic management are highlighted.
The positive analyst ratings and increased price targets reflect confidence in AT&T's financial health and strategic direction. The company's revenue growth, effective debt management, and solid market capitalization are likely to contribute to a positive short-term impact on its stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100