UBS analyst John Hodulik has maintained their bullish stance on T stock, giving a Buy rating yesterday.
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John Hodulik has given his Buy rating due to a combination of factors that highlight AT&T’s promising growth trajectory and strategic initiatives. The company’s leadership, as presented by CEO John Stankey at the UBS Global Media & Communications Conference, reaffirmed their confidence in achieving their multi-year growth targets and outlined plans for significant stock buybacks through 2027. Additionally, AT&T’s mobility segment is showing strong performance, with expectations of better-than-anticipated EBITDA growth and opportunities to improve customer retention and acquisition.
Moreover, AT&T’s focus on broadband and convergence is expected to drive higher net additions in fiber and Internet services, with a growing base of converged customers. The company’s strategic expansion in fiber deployment and network enhancements, including the use of 3.45 GHz spectrum, are poised to improve service quality and support business segment growth. Cost-saving measures, such as copper decommissioning, and a disciplined approach to capital allocation further strengthen AT&T’s financial position, making it an attractive investment prospect.
In another report released yesterday, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $27.00 price target.
T’s price has also changed moderately for the past six months – from $27.860 to $24.510, which is a -12.02% drop .