Close

AT&T (T) Tops Q1 EPS by 1c

Go back to AT&T (T) Tops Q1 EPS by 1c

Jefferies Maintains Bullish View on AT&T (T) Post Q1; Says Revenue Pressures Set To Ease

April 23, 2015 8:13 AM EDT

Jefferies analyst Mike McCormack reiterated a Buy rating and $39 price target on AT&T (NYSE: T) following solid Q1 results. The analyst said revenues pressures are set to ease.

McCormack commented, "AT&T delivered better postpaid adds and churn, with phone only... More