Reported 2 days ago
Bank of America Securities analyst Michael Funk has reiterated a Buy rating for AT&T Inc. (NYSE:T) with a price target of $34.00, citing the company's strong financial outlook and competitive positioning, particularly after its recent $23 billion acquisition of spectrum licenses from EchoStar. This acquisition is expected to enhance AT&T's broadband and wireless services, which are vital for its future growth. However, the report also mentions that certain AI stocks might present better investment opportunities.
Source: YAHOO