In a report released today, Laurent Yoon from Bernstein maintained a Buy rating on AT&T, with a price target of $32.00. The company’s shares closed yesterday at $26.13.
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Yoon covers the Communication Services sector, focusing on stocks such as Netflix, AT&T, and Charter Communications. According to TipRanks, Yoon has an average return of 3.1% and a 57.14% success rate on recommended stocks.
AT&T has an analyst consensus of Moderate Buy, with a price target consensus of $31.60, representing a 20.93% upside. In a report released on October 8, Bank of America Securities also reiterated a Buy rating on the stock with a $34.00 price target.
T market cap is currently $183B and has a P/E ratio of 14.59.
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