AT&T (T) PT Estimates, PT Lowered at Canaccord Genuity on Weak Wireline
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Go back to AT&T (T) PT Estimates, PT Lowered at Canaccord Genuity on Weak Wireline
October 23, 2014 9:44 AM EDT
Hilliard Lyons downgraded AT&T (NYSE: T) from Long-Term Buy to Neutral and removed its price target (prior $39.00).
For an analyst ratings summary and ratings history on AT&T click here. For more ratings news on AT&T click here.
Shares of AT&T closed at $34.50 yesterday.
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October 23, 2014 7:29 AM EDT
Jefferies analyst Mike McCormack reiterated a Buy rating and $40 price target on AT&T (NYSE: T) following earnings saying wireless stability should trump wireline margin weakness.
McCormack commented, "In our view, AT&T's results should dispel bearish fears regarding ARPU and share loss.... More
October 22, 2014 4:02 PM EDT
AT&T Inc (NYSE: T) reported Q3 EPS of $0.63, $0.01 worse than the analyst estimate of $0.64. Revenue for the quarter came in at $33 billion versus the consensus estimate of $33.3 billion.
Other highlights:
Strong cash from operations of $8.7 billion, with $3.5 billion in free cash...
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