Standpoint Research Downgrades AT&T (T) to Hold
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Price: $37.44 +0.16%
Rating Summary:
5 Buy, 26 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Rating Summary:
5 Buy, 26 Hold, 1 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 11 | Down: 35 | New: 23
Trade T Now!
Standpoint Research downgrades AT&T (NYSE: T) from Buy to Hold.
The firm commented, "We are not dropping AT&T because it is over-valued... in fact, it may be under-valued... the problem in continuing to hold this name is that if and when the market reverses and goes higher, AT&T will hurt your performance versus the benchmark major indices as AT&T most likely will not keep pace in a rising market."
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The firm commented, "We are not dropping AT&T because it is over-valued... in fact, it may be under-valued... the problem in continuing to hold this name is that if and when the market reverses and goes higher, AT&T will hurt your performance versus the benchmark major indices as AT&T most likely will not keep pace in a rising market."
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