GTT and AT&T Enter Into an Interconnection Agreement

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Oppenheimer Says AT&T (T) is Undervalued; Raises Price Target to $40

July 1, 2015 11:30 AM EDT

Oppenheimer reiterates an Outperform rating on AT&T (NYSE: T), and raised the price target to $40.00 (from $36.00), after adjusting estimates. Analyst Timothy Horan believes that cross selling and new services can drive improved FCF growth vs. previous estimates and that wireless pricing is set to... More