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

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Cowen Upgrades AT&T (T) to Outperform

July 2, 2015 6:21 AM EDT

Cowen upgraded AT&T (NYSE: T) from Market Perform to Outperform with a price target of $40.00 (from $35.00) amid the pending DTV deal.

Analyst Colby Synesael commented, "We are upgrading T to Outperform and raising our PT to $40 based on our view that 1)... More

UPDATE: AT&T (T), CBS (CBS) Announce Reaching Agreement

July 1, 2015 10:38 AM EDT

(Updated - July 1, 2015 10:40 AM EDT)

CBS Corp. (NYSE: CBS) and AT&T (NYSE: T) have reached an agreement to continue our long-standing relationship, which includes carrying the CBS Owned TV Stations, Showtime Channels, CBS Sports... More