AT&T (T) Tops Q3 EPS by 7c, Revenue Beats

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Morgan Stanley Reiterates Overweight Rating on AT&T (T) Following 'Solid' Q3

October 20, 2022 12:30 PM EDT

Morgan Stanley analyst Simon Flannery reiterated an Overweight rating and $22.00 price target on AT&T (NYSE: T) following "solid" Q3 results with good KPIs and guidance reiterated, although leverage remains elevated.

The analyst commented, "AT&Ts 3Q22 print should provide some encouragement following the disappointing 2Q22 print, with the company meeting or beating... More