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What Are Analysts’ Latest Recommendations on AT&T Stock?

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Analysts on AT&T stock

Analysts have set a target price of $33.76 per share on AT&T (T) stock, which reflects a potential upside of ~11% for the next 12 months based on its closing price of $30.47 on February 15.

Among the 31 analysts tracking AT&T, 15 have given it “buys,” 14 have given it “holds,” and two have given it “sells.”

AT&T has generated returns of -17.7% in the trailing-12-month period and -0.4% in the trailing-one-month period. AT&T’s share price has risen 3.1% in the last five trading days. In comparison, Sprint (S), Verizon (VZ), and T-Mobile (TMUS) have generated returns of 6.8%, 2.2%, and 5.4%, respectively, in the last five trading days.

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Wall Street analysts’ estimates

Wall Street analysts expect AT&T to report a ~7.8% rise in revenue to $184.0 billion in 2019 compared to $170.8 billion in 2018. Its adjusted EPS are expected to be $3.58 in 2019 compared to $3.52 in 2018. Analysts expect AT&T’s net adjusted income to increase to $26.2 billion in 2019 compared to its net adjusted income of $24.0 billion in 2018.

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