Goldman Sachs has reaffirmed its Buy rating on AT&T stock, maintaining a price target of $29, with potential for growth to $40, indicating a 50% upside. The firm highlights strong subscriber growth, a focused fiber strategy, and cost reduction initiatives as key drivers for AT&T's financial performance.Additionally, AT&T has set financial targets for 2025, projecting earnings per share of at least $0.48 and free cash flow of $2.8 billion. The company is also expected to receive significant cash payments from DIRECTV, further supporting its growth strategies.