A series of significant events reflect positively on
AT&T Inc., highlighting the stock's potential value. AT&T has witnessed substantial share purchases from numerous financial firms, including
Financial & Tax Architects LLC and
Professional Advisory Services Inc. The company has also declared dividends on
common and
preferred shares, contributing to its allure as a high yielding
dividend stock. Positively, AT&T's stock rating has been upgraded to 'buy' by
Argus due to strategic direction and by Smith Thornton Advisors LLC, Park Avenue Securities LLC, and others. A potential stock buyback announcement is also anticipated on
Investor Day. Besides, AT&T is repeatedly appreciated for its
dividend supremacy when compared to peer Verizon communications. A focus on AT&T's
earnings and
free cash flow exceeding estimates further bolsters the stock's appeal. Furthermore, the popularity of AT&T among mutual funds was highlighted by Goldman Sachs, and an expectation of the stock continuing its momentum till year-end was also noted.
Att Stocks News Analytics from Fri, 29 Mar 2024 20:47:29 GMT to Sat, 18 Jan 2025 15:20:35 GMT -
Rating 6
- Innovation 5
- Information 8
- Rumor -4