The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Goldman Sachs maintains buy rating on AT&T with 48 percent upside potential
Goldman Sachs maintains a buy rating on AT&T, projecting a 48% upside as shares could exceed $40 long-term. The telecom giant's strong profits, 4.1% dividend yield, and less volatility make it appealing, while its aggressive fiber expansion and favorable regulatory changes promise significant future growth.
AT&T poised for strong growth with double-digit returns, says Goldman Sachs
AT&T is poised to deliver "healthy double-digit annualized returns," according to Goldman Sachs analyst James Schneider, who maintains a Buy rating with a price target of $29. Key growth drivers include solid wireless subscriber growth, aggressive fiber expansion, and favorable FCC actions on copper decommissioning, which could enhance broadband revenue and support cost reductions. AT&T shares rose 1.85% to $27.46 recently.
Goldman Sachs maintains buy rating and price target for AT&T
Goldman Sachs analyst James Schneider has reaffirmed a Buy rating on AT&T (NYSE: T) with a price target of $29.00. This endorsement reflects confidence in the company's performance and potential for growth in the market.
Seems like the connection with the server has been lost. It can be due to poor or broken network. Please hang on while we're trying to reconnect...
Oh snap! Failed to reconnect with the server. This is typically caused by a longer network outage, or if the server has been taken down. You can try to reconnect, but if that does not work, you need to reload the page.
Oh man! The server rejected the attempt to reconnect. The only option now is to reload the page, but be prepared that it won't work, since this is typically caused by a failure on the server.