AT&T (T) positioned for higher share buybacks through 2029, Goldman Sachs maintains buy

MSN
2025.12.28 18:28
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Goldman Sachs maintains a Buy rating for AT&T Inc. (NYSE:T) despite lowering its price target from $33 to $29. The firm highlights AT&T as a top telecom stock, projecting an 8% free cash flow CAGR through 2029, positioning the company for increased share buybacks.