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AT&T Stock Is Now a Buy, This Analyst Says. Growth Potential Is Why.

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AT&T Stock Is Now a Buy, This Analyst Says. Growth Potential Is Why. | Barron’s


AT&T

has had a strong year, and it’s now on pace for “sustainable long-term growth,” according to Argus Research.

Analyst Joseph Bonner upgraded shares of


AT&T

(ticker: T) to Buy from Hold and set a $24 price target on the stock. Bonner wrote that the company has strong growth potential due to its competitive standing and its performance in the current macroeconomic environment.

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