AT&T Stock Holds Steady After Solid 2Q Results, Reflects Lead-Sheathing Overhang

AT&T Stock Holds Steady After Solid 2Q Results, Reflects Lead-Sheathing Overhang

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Raymond James analyst Frank G. Louthan, IV reiterated a Strong Buy with a price target of $25. The re-rating followed the 2Q results. He continues to see AT&T as undervalued with upside potential as he sees the wireless growth and FCF ramp as bringing investors back to the name. The analyst…

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