AT&T Second-Quarter Results Demonstrate Consistent, Strong 5G and Fiber Customer Growth

AT&T (T) PT Raised to $21 at Citi

Citi analyst Michael Rollins raised the price target on AT&T (NYSE: T) to $21.00 (from $20.00) while maintaining a Buy rating.

The analyst comments "AT&Ts 2Q24 earnings highlighted plans to expand its converged fiber+mobile strategy by increasing fiber access availability... More

AT&T (T) PT Raised to $19 at RBC Capital

RBC Capital analyst Jon Atkin raised the price target on AT&T (NYSE: T) to $19.00 (from $18.00) while maintaining a Sector Perform rating.

The analyst comments "2Q revenue and EBITDA were in line with consensus, while FCF was ahead on capex timing. Management maintained full-year... More

AT&T (T) PT Raised to $24 at JPMorgan

JPMorgan analyst Richard Choe raised the price target on AT&T (NYSE: T) to $24.00 (from $21.00) while maintaining a Overweight rating.

The analyst comments "AT&T reported strong 2Q results highlighted by robust postpaid phone and steady fiber BB net adds. AT&T also reiterated all of its FY24 guidance. AT&T... More

AT&T (T) PT Raised to $19 at Evercore ISI

Evercore ISI analyst Vijay Jayant raised the price target on AT&T (NYSE: T) to $19.00 (from $18.00) while maintaining a In Line rating.

The analyst comments "Looking ahead, while the back-half is somewhat of a wildcard given the new AI iPhone... More

AT&T misses Q2 revenue expectations, EPS in-line

AT&T (NYSE: T) has reported its second-quarter earnings, matching analyst expectations with an adjusted EPS of $0.57.

However, the company's revenue slightly missed the mark at $29.8 billion against the consensus estimate of $29.98 billion.

Despite the revenue shortfall, the telecommunications giant's stock rose by over 4%, indicating investor confidence in the company's consistent performance and future outlook.

The company's second-quarter revenue saw a marginal decline of 0.4% compared to the same... More