AT&T beats estimates for subscriber additions, free cash flow

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AT&T (T) PT Raised to $18 at RBC Capital

April 25, 2024 6:38 AM EDT

RBC Capital analyst Jon Atkin raised the price target on AT&T (NYSE: T) to $18.00 (from $17.00) while maintaining a Sector Perform rating.

The analyst comments "1Q revenue was just shy of consensus (on a shortfall in wireless equipment revenues), while EBITDA... More