$AT&T (T.US)$ Ivan Feinseth has given his Buy rating due to ...
$AT&T(T.US$ Ivan Feinseth has given his Buy rating due to a combination of factors that indicate AT&T’s promising trajectory in terms of growth and profitability. The primary reason for this optimistic outlook is the company’s substantial investment in building a diversified, high-speed connectivity network. This strategic move is expected to catalyze a resurgence of long-term revenue growth, enhanced cash flow generation, and improved profitability margins. With a 12-month target price of $29, the ongoing development of this advanced network infrastructure is seen as a pivotal element in AT&T’s future success.
IMHO, and this certainly isn’t financial advice, but although I have a position in T, there’s NO WAY it hits 29 in the nexg year. Buy I hope I’m wrong :)
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