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AT&T (T) Maintains Rating, Price Target Raised by Scotiabank | T Stock News
Scotiabank has maintained its “Sector Perform” rating for AT&T (T) while raising the price target from $29.50 to $31.00, reflecting a 5.08% increase. This adjustment comes amidst other recent analyst ratings, including “Overweight” from Wells Fargo and “Outperform” from Bernstein, though some price targets have been lowered by other firms. AT&T’s business primarily revolves around its wireless services, which account for nearly 70% of its revenue, alongside fixed-line enterprise services and residential broadband.