AT&T Inc.’s stock may conjure up the sense of “apathy” or “negative muscle memory,” but Wall Street’s latest bull says it’s time for investors to take the stock more seriously.
“Fundamentally, AT&T is on course,” Wolfe Research’s Peter Supino wrote in a Tuesday note to clients as he lifted his rating on AT&T shares T to outperform from peer perform. He has a $21 target price on the stock.
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