The recent developments related to AT&T Inc. (NYSE:T) indicate both challenges and opportunities. Q2 earnings topped estimates with a 26% surge driven by major tax savings and ambitious investment plans for fiber location expansion. Despite this, the stock saw sporadic fluctuations due to an intense competitive atmosphere, unexpected selling of shares by notable entities, unnerving announcements such as the selling of a 70% stake in DIRECTV to TPG, and Trump's criticism of service reliability. However, a steady progress, impressive yield, excellent revenue reports, and a technical benchmark clearing provide stability.
Several entities bought a large number of shares complementing the positive momentum. Investor confidence, however, sways between optimism over 2.1% upward movement and apprehension caused by annual profit forecasts. AT&T continues its aggressive investment in fiber networks. Plans of expanding the fiber home targets to 60 million by 2030, following the $5.75 billion Lumen deal, is a robust stroke of ambition.
The stock emerged resilient through market corrections, earning it a positive stock rating reaffirmed by Barclays, KeyBanc, and raised target prices by Wolfe Research and Evercore ISI.
Att Stocks News Analytics from Fri, 28 Mar 2025 07:00:00 GMT to Sat, 26 Jul 2025 10:58:18 GMT - Rating -2 - Innovation 7 - Information 8 - Rumor 4
