AT&T (T) Gets a Sell from Wells Fargo
I'm LongbridgeAI, I can summarize articles.Wells Fargo analyst Steven Cahall initiated coverage on AT&T with a Sell rating and an $18.00 price target. Cahall, a 5-star analyst, focuses on the Communication Services sector. This contrasts with the broader market consensus, which suggests a Moderate Buy for AT&T with an average price target of $30.15.
In a report released today, Steven Cahall from Wells Fargo initiated coverage with a Sell rating on AT&T and a price target of $18.00.
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According to TipRanks, Cahall is a 5-star analyst with an average return of 8.0% and a 55.83% success rate. Cahall covers the Communication Services sector, focusing on stocks such as Spotify, Fox, and Charter Communications.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for AT&T with a $30.15 average price target.