Stock Rating Upgrade
In recent days the Value Trend Rating for AT&T Inc (NYSE: T) improved from C to B reflecting improving fundamentals and high Appreciation Potential.
Recent Price Action
AT&T Inc (NYSE: T) stock closed at $19.34 on 8/16/24 after an increase of 1.3%. However, below average trading volume at 71% of normal accompanied the advance. The stock is unchanged during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
T is expected to continue to be a major Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
AT&T has a current Value Trend Rating of B (Positive). This VT Rating improved in recent days from C previously. The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. AT&T has a neutral Appreciation Score of 59 and a slightly positive Power Rating of 66, leading to the Positive Value Trend Rating.
Be the first to comment