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Cowen Raises Price Target on AT&T (T) After Updating Model to Reflect Company Changes

October 27, 2015 10:24 AM EDT

Cowen reiterated an Outperform rating on AT&T (NYSE: T), and raised the price target to $41.00 (from $40.00), after updating model to reflect the new way in which the company breaks out revenue.

Analyst Colby Synesael commented, "We are updating our... More