Analyst Expectations For AT&T's Future
Portfolio Pulse from Benzinga Insights
Analyst ratings for AT&T (NYSE:T) have varied over the last quarter, with a mix of bullish to bearish sentiments. The recent assessments show no changes in the past 30 days. Analysts have set a 12-month price target for AT&T at an average of $22.29, marking a 6.14% increase from the previous target of $21.00. The company's financial performance indicates solid revenue growth, a strong net margin, and exceptional ROE and ROA, with a debt-to-equity ratio below the industry average. AT&T's wireless business is a major revenue contributor, following the spinoff of Warner Media.
March 25, 2024 | 9:01 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Analyst ratings for AT&T show a mix of sentiments but lean towards a positive outlook with a new average price target of $22.29. The company's strong financial performance and significant role in the wireless market contribute to its robust market position.
The positive adjustment in AT&T's price target reflects analysts' optimism about its future performance, supported by recent financial results and market position. The consistent analyst interest and the upward revision in price targets suggest a positive short-term impact on AT&T's stock price.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100