In the recent news, AT&T's stocks have been experiencing significant fluctuations. Even with the company's shares crossing over the 6% Yield Mark and a Technical Benchmark of 80-plus RS Rating, the value dropped by 0.3%. Analysts suggest buying AT&T stocks while it's under $20, telling potential investors that its steady dividends and a potential upside. There was an unexpected slide due to a massive data breach on a cloud software firm Snowflake, exposing call and text records of almost all AT&T customers. A revenue beat by AT&T, strong Q3 results, and a surpassing of wireless subscriber expectations led to some rallies.
However, AT&T's full-year outlook has been perceived as weak, causing some pressure on the stocks. An increase of the price target to $23 by Scotianbank provided a positive spin, alongside investment from financial firms like FDx Advisors Inc. and Equity Investment Corp. Dividend yield remains a focal point for investors, but the question of whether AT&T stock can surge past $20 in 2024 remains.
Att Stocks News Analytics from Thu, 19 Oct 2023 07:00:00 GMT to Sun, 14 Jul 2024 08:15:00 GMT - Rating 4 - Innovation 3 - Information 7 - Rumor 1
