Scotiabank analyst Maher Yaghi raised the firm’s price target on AT&T to $31.50 from $31 and keeps a Sector Perform rating on the shares. The firm believes the U.S. wireless pricing environment remains “competitive yet rational” and is conductive to growth, the analyst tells investors. Scotiabank is increasing its price target on the stock ahead of Q1 results, reflecting higher profitability expectations.
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