Stock Rating Upgrade
Reflecting improving fundamentals and high Appreciation Potential, the Value Trend Rating for AT&T Inc (NYSE: T) improved of late. T’s current Value Trend Rating is B and the prior Rating was C. Details supporting this higher rating are included in our next report.
Recent Price Action
On 7/29/24, AT&T Inc (NYSE: T) stock declined slightly by -0.6%, closing at $18.90. This decline was accompanied by normal trading volume. Relative to the market the stock has been strong over the last nine months but has declined -1.2% during the last week.
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. With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing highly consistent signals. AT&T has a slightly positive Power Rating of 60 and a slightly positive Appreciation Score of 61, leading to the Positive Value Trend Rating.
Be the first to comment