Barclays Cuts AT&T (T) PT to $28 Following Q3 Results, Industry Concern
AT&T Inc. (NYSE:T) is one of the most undervalued large cap stocks to buy right now. On October 23, Barclays analyst Kannan Venkateshwar lowered the firm’s price target on AT&T to 30 and kept an Equal Weight rating as the company’s Q3 results and commentary confirm Barclays’ concerns regarding shifts in the industry’s growth trajectory. On the same day, Brandon Nispel from KeyBanc maintained a Hold rating on AT&T without setting a price target on the company’s shares. Barclays Cuts AT&T (T) PT ...