Should You Buy AT&T After its Recent Dip?
Shares of AT&T (NYSE: T) have fallen 16% this year due to ongoing concerns about the sluggish growth of its wireless business, high debt levels, natural disasters, declines in video subscribers, and uncertainties about its planned acquisition of Time Warner (NYSE: TWX).
These issues make it tough to get a clear view of AT&T's future, and investors might be wondering if the telco can still be considered a safe income investment. Let's take a closer look at AT&T's business to find out.
Image source: AT&T.
Source: Fool.com
AT&T Inc.. Stock
AT&T Inc.. is currently one of the favorites of our community with 20 Buy predictions and no Sell predictions.
As a result the target price of 19 € shows a slightly positive potential of 7.24% compared to the current price of 17.72 € for AT&T Inc...