Citi raised the agency’s value goal on AT&T to $26 from $24 and retains a Purchase ranking on the shares forward of the investor day on December 3. The agency expects an replace on AT&T’s multi-year technique, monetary prospects, and capital allocation priorities, and continues to view the occasion as a probably optimistic catalyst for the shares. AT&T is prone to deal with its increasing benefit to supply converged facilities-based cellular and fiber companies, together with attainable acceleration of annual new passings with fiber, the analyst tells traders in a analysis be aware.
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