Wells Fargo Remains a Buy on AT&T (T)

TIPRANKS2023-10-17

In a report released today, Eric Luebchow from Wells Fargo maintained a Buy rating on AT&T (T – Research Report), with a price target of $17.00. Th...

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Comments

  • Cedric77
    2023-10-17
    Cedric77
    Will AT&T go bust? As compared to top 2 -Verizon and 3-T Mobile why its share price is so much affordable and what actually happened? AT&T - pay dividened 7.5%, Verizon 8.5% and T Mobile-0%! AT&T is one of the largest and most established telecom companies in the world. It has a strong customer base, a diversified revenue stream, and a long track record of profitability. However, AT&T does face some challenges. The company is heavily indebted, and it is facing increasing competition from T-Mobile and Verizon. Additionally, the telecom industry is constantly evolving, and AT&T needs to invest heavily in new technologies to stay ahead of the curve. Despite these challenges, AT&T is a well-managed company with a strong financial foundation. It is unlikely that the
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