BofA Securities analyst David Barden maintains $AT&T (T.US)$ with a buy rating, and adjusts the target price from $20 to $24.
According to TipRanks data, the analyst has a success rate of 61.0% and a total average return of -3.4% over the past year.
Furthermore, according to the comprehensive report, the opinions of $AT&T (T.US)$'s main analysts recently are as follows:
Following the announcement that AT&T will sell its 70% stake in DirecTV to TPG Capital for cash distributions totaling $7.6B starting with Q4, it is seen as a positive development for AT&T's shares. This transaction, which is anticipated to be finalized in the second half of 2025 and is subject to regulatory approval due to the change of control over spectrum, is independent of any other deals. This move is interpreted as beneficial because it shifts the focus of investors towards AT&T's expanding wireless and consumer broadband sectors and away from the satellite TV business, which is experiencing a decline.
Anticipation of AT&T's third-quarter financial results has prompted adjustments in expectations, with a slight decrease in the Q3 earnings per share forecast, now at 58 cents, to account for diminished equipment revenue and temporal variances in free cash flow throughout the latter half of the year. Additionally, consistent with recent statements from company leadership, projections for postpaid phone net additions remain steady at 450,000. This forecast is supported by an anticipated churn rate of 0.75%, a slight year-over-year improvement, and a modest 3% reduction in gross additions, aligning with the patterns observed in the second quarter.
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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美银证券分析师David Barden维持$AT&T (T.US)$买入评级，并将目标价从20美元上调至24美元。
根据TipRanks数据显示，该分析师近一年总胜率为61.0%，总平均回报率为-3.4%。
此外，综合报道，$AT&T (T.US)$近期主要分析师观点如下：
在宣布将从第四季度开始将其在DirecTV的70％股份出售给TPG Capital进行总额为76亿美元的现金分配之后，这被视为AT＆T股票的积极发展。该交易预计将于2025年下半年完成，由于频谱控制权的变化，尚待监管部门批准，该交易独立于任何其他交易。这一举措被解释为有益的，因为它将投资者的注意力转移到了AT＆T不断扩大的无线和消费宽带领域，而不再关注正在下滑的卫星电视业务。
对AT＆T第三季度财务业绩的预期促使人们调整了预期，由于下半年设备收入减少和自由现金流的时间差异，第三季度每股收益预测略有下降，目前为58美分。此外，与公司领导层最近的声明一致，对后付费电话净增量的预测保持稳定在45万个。这一预测得到了0.75％的预期流失率，同比略有改善，总增量略有下降3％的支持，这与第二季度观察到的模式一致。
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