AT&T has been under the spotlight, making significant gains in
2024 which has analysts wondering if the telecom giant can maintain its successful trajectory into the following year. The company recently
declared dividends on common and preferred shares. While comparisons with
Verizon present an interesting perspective on which is a better passive income stock, AT&T has received a
$25.76 consensus target price from brokerages. Furthermore, investor day is expected to bring an announcement regarding a
stock buyback. The company also persisted on defending its dividends as crucial in their growth plan. Broadband, dividends, and the upcoming Q3 earnings release are significantly influencing the stock's performance. Analysts project AT&T as an attractive investment now, targeting those seeking
long-term investment and
high-yield dividend opportunities. The
rise in subscribers has boosted the outlook for AT&T as it continues on the path of innovation. However, there are concerns regarding market competition with the likes of Verizon.
Free Cash Flow and wireless subscriber adds have notably exceeded estimates, raising its prestige among the top-performing stocks.
Att Stocks News Analytics from Fri, 29 Mar 2024 20:47:29 GMT to Wed, 08 Jan 2025 08:13:31 GMT -
Rating 5
- Innovation 3
- Information 6
- Rumor 1
