There’s a lot to be optimistic about in the Communication Services sector as 2 analysts just weighed in on AT&T (T – Research Report) and KDDI (KDDIF – Research Report) with bullish sentiments.
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AT&T (T)
Bernstein analyst Laurent Yoon maintained a Buy rating on AT&T today and set a price target of $32.00. The company’s shares closed last Wednesday at $26.25.
According to TipRanks.com, Yoon is a 2-star analyst with an average return of
Currently, the analyst consensus on AT&T is a Moderate Buy with an average price target of $31.60, representing a 20.5% upside. In a report issued on October 5, RBC Capital also maintained a Buy rating on the stock.
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KDDI (KDDIF)
J.P. Morgan analyst Matthew Henderson maintained a Buy rating on KDDI yesterday and set a price target of Yen2800.00. The company’s shares closed last Tuesday at $15.98.
According to TipRanks.com, Henderson is a 3-star analyst with an average return of
KDDI has an analyst consensus of Strong Buy, with a price target consensus of $19.33.
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