AT&T Stock Has 25% Upside, According to This Wall Street Analyst
AT (NYSE: T) stock is going to hit a level it hasn't seen since June 2022. At least that's what analyst Peter Supino from Wolfe Research said when he upgraded shares of the telecommunications company this week.
AT stock jumped after the analyst moved it from the equivalent of a neutral to a buy rating with a price target of $21 per share. That would represent a gain of 25% from Monday's closing price prior to the analyst report. It would also mean the stock gets to a level it hasn't seen for nearly two years.
Source Fool.com
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