AT&T Inc. (NYSE:T) has emerged as a discussion topic with analysts and investors displaying divided opinions on the company's prospects.
Barclays has shared five reasons the stock can soar, encouraging investors to consider it seriously. Furthermore, the company recently declared
dividends on its common and preferred shares which increases the appeal of the stock. AT&T's stock also saw an uptick after its subscriber gains proved better than expected, and the company delivered strong
third-quarter results. Equally, concerns have been raised as AT&T stock went into its longest losing streak in over three years. In comparison with its competitors, results have been mixed, with the stock both outperforming and underperforming on different days. Several investors, including Gabelli Funds LLC, Prudential PLC, and the Public Employees Retirement Association of Colorado have adjusted their stakes in AT&T.
Wall Street analysts also show varied views, ranging from caution to optimism. The belief that AT&T could potentially be a top wireless play this earning season promises upside for the company. However, the stocks weak full-year outlook has put it under pressure.
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