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.