Citi Removes AT&T (T) from Focus List

Citi analyst Michael Rollins reiterated a Buy rating and $32.00 price target on AT&T (NYSE: T).

The analyst comments "We are removing AT&T from Citi’s Focus List after recent price outperformance and we believe the improved fundamental outlook is partly reflected in the current valuation. Buy-rated AT&T remains our overall top-ranked pick as we like the opportunity for AT&T to sustain a balanced approach between price and volume for its strategic products to deliver on its financial growth. However, we also recognize risks related to the new tariff environment and possible recession that could weigh on future financial performance."

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 $26.64 yesterday.

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