AT&T CEO Provides Update to Shareholders

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Baird Reiterates Outperform Rating on AT&T (T)

September 19, 2019 8:05 AM EDT

Baird analyst William Power reiterated an Outperform rating and $38.00 price target on AT&T (NYSE: T) following unconfirmed media rumors that AT&T may be considering divestiture options for its DirecTV business. DirecTV has been hemorrhaging subscribers for years, though accelerated this year. The trends... More