AT&T (T) Price Target Raised by Morgan Stanley Amid Strong Q1 Results | CHT Stock News

3 days ago

AT&T (T) has received a boost in its price target from Morgan Stanley, with the firm adjusting expectations to $31, up from a previous target of $30. This decision comes in light of AT&T's stronger-than-anticipated first-quarter performance across all business segments.

Morgan Stanley maintains an Overweight rating on AT&T's shares, reflecting confidence in the company's capability to meet or surpass its strategic goals set for 2025 and beyond. The analyst emphasized the robust quarterly outcomes as a key factor reinforcing the firm's belief in AT&T's potential.

AT&T continues to be Morgan Stanley's top recommendation within the Telecom and Cable Services sector, underscoring their optimistic outlook on the company's future growth and market presence.

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I/We may personally own shares in some of the companies mentioned above. However, those positions are not material to either the company or to my/our portfolios.

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