<div id="readability-page-1"><p><span>AT&amp;T (NYSE:T - Get Free Report)</span> had its target price dropped by research analysts at Morgan Stanley  from $32.00 to $30.00 in a research report issued to clients and investors on Wednesday,Benzinga reports. The brokerage currently has an &#34;overweight&#34; rating on the technology company's stock. Morgan Stanley's target price points to a potential upside of 23.23% from the company's current price.</p><ul><li>Will 2026 Mark a Turnaround for Costco?</li></ul><p>A number of other equities research analysts have also weighed in on the stock. Weiss Ratings  restated a &#34;buy (b)&#34; rating on shares of AT&amp;T in a report on Wednesday, October 8th. Royal Bank Of Canada cut their price target on AT&amp;T from $31.00 to $30.00 and set an &#34;outperform&#34; rating on the stock in a research note on Thursday, October 23rd. Williams Trading  set a $33.00 price objective on AT&amp;T in a research report on Thursday, October 23rd. Citigroup  reissued a &#34;buy&#34; rating on shares of AT&amp;T in a research report on Tuesday, August 26th. Finally, Cowen  restated a &#34;hold&#34; rating on shares of AT&amp;T in a research note on Thursday, October 23rd. One investment analyst  has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned  a Hold rating to the company's stock. According to MarketBeat, AT&amp;T presently has an average rating of &#34;Moderate Buy&#34; and an average target price of $30.55.</p><p><b>Check Out Our Latest Stock Report on T</b></p><h2>AT&amp;T Stock Performance</h2><ul><li>Intel’s Black Friday Breakout: Apple Rumors Fuel a Holiday Rally</li></ul><p>Shares of T opened at $24.35 on Wednesday. The stock has a 50-day simple moving average of $25.57 and a 200-day simple moving average of $27.32. The company has a debt-to-equity ratio of 1.01, a quick ratio of 0.96 and a current ratio of 1.01. The stock has a market capitalization of $172.59 billion, a PE ratio of 7.92, a PEG ratio of 1.45 and a beta of 0.38. AT&amp;T has a 1 year low of $21.38 and a 1 year high of $29.79. </p><p>AT&amp;T (NYSE:T - Get Free Report) last released its earnings results on Wednesday, October 22nd. The technology company reported $0.54 earnings per share for the quarter, hitting analysts' consensus estimates of $0.54. AT&amp;T had a net margin of 17.87% and a return on equity of 12.72%. The firm had revenue of $30.71 billion for the quarter, compared to analyst estimates of $30.85 billion. During the same period in the prior year, the firm earned $0.60 earnings per share. The business's quarterly revenue was up 1.7% compared to the same quarter last year.  On average, analysts predict that  AT&amp;T will post 2.14 earnings per share for the current fiscal year. </p><h2>Hedge Funds Weigh In On AT&amp;T</h2><ul><li>Will the S&amp;P 500 Rally in December? These 3 Signals Point to a Big Move Ahead</li></ul><p>Hedge funds and other institutional investors have recently made changes to their positions in the stock. Stone House Investment Management LLC purchased a new stake in shares of  AT&amp;T during the first quarter worth approximately $25,000.  Front Row Advisors LLC purchased a new position in  AT&amp;T in the 2nd quarter valued at $25,000.  Mountain Hill Investment Partners Corp. increased its stake in  AT&amp;T by 363.7% in the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company's stock valued at $25,000 after buying an additional 702 shares during the period.  GGM Financials LLC acquired a new stake in shares of  AT&amp;T in the 3rd quarter worth $25,000.  Finally, O Brien Wealth Partners LLC purchased a new stake in shares of  AT&amp;T in the second quarter valued at about $26,000. Hedge funds and other institutional investors own  57.10% of the company's stock. </p><h2>About AT&amp;T</h2> (Get Free Report)<p>AT&amp;T, Inc is a holding company, which engages in the provision of telecommunications and technology services. It operates through the Communications and Latin America segments. The Communications segment offers wireless, wireline telecom, and broadband services to businesses and consumers located in the US and businesses globally.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than AT&amp;T</li><li>REIT Stocks - Best REIT Stocks to Add to Your Portfolio Today</li><li>Ollie’s Bargain Outlet Hits Rock-Bottom in Q4: Buy the Dip?</li><li>Why Special Dividends Can be a Delightful Surprise for Income Investors</li><li>Insiders Are Selling These 3 Stocks—Here’s Why</li><li>What is an Earnings Surprise?  </li><li>Consumers Got Coal, But Santa Dropped Off Big Gains for These 2 Retailers</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPVQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AT&amp;T Right Now?</h2><p>Before you consider AT&amp;T, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AT&amp;T wasn't on the list.</p><p>While AT&amp;T currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Morgan Stanley lowered AT&T's target price from $32.00 to $30.00, maintaining an "overweight" rating. This suggests a potential upside of 23.23% from the current price. Other analysts have mixed ratings, with an average target price of $30.55. AT&T's recent earnings met expectations, with a net margin of 17.87% and revenue of $30.71 billion. Hedge funds have shown interest in AT&T, with institutional investors owning 57.10% of the stock.</p>

AT&T (NYSE:T) Price Target Lowered to $30.00 at Morgan Stanley