Jefferies Lifts Price Target on AT&T (T) to $36

Jefferies boosted its price target on AT&T (NYSE: T) from $33 to $36, while maintaining a Hold rating. The firm said with the turbulent European-based volatility unlikely to abate soon, they believe AT&T and Verizon (NYSE: VZ) can continue to outperform the SPX.

For an analyst ratings summary and ratings history on AT&T click here. For more ratings news on AT&T click here.

Shares of AT&T closed at $34.98 yesterday.

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