AT&T (T) Receives a Hold from RBC Capital

In a report released on January 26, Kutgun Maral from RBC Capital maintained a Hold rating on AT&T (TResearch Report), with a price target of $19.00. The company’s shares closed yesterday at $19.95.

According to TipRanks, Maral is a 4-star analyst with an average return of 5.2% and a 53.68% success rate. Maral covers the Services sector, focusing on stocks such as Charter Communications, Walt Disney, and Endeavor Group Holdings Inc.

In addition to RBC Capital, AT&T also received a Hold from Cowen & Co.’s Gregory Williams in a report issued on January 26. However, on the same day, Raymond James maintained a Buy rating on AT&T (NYSE: T).

See today’s best-performing stocks on TipRanks >>

Based on AT&T’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $31.34 billion and a GAAP net loss of $23.52 billion. In comparison, last year the company earned a revenue of $65.92 billion and had a net profit of $5.04 billion

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

AT&T, Inc. is a holding company, which engages in the provision of telecommunications media and technology service. It operates through the following segments: Communications, WarnerMedia, Latin America and Xandr. The Communications segment provides services to businesses and consumers located in the U.S., or in U.S. territories, and businesses globally. The WarnerMedia segment develops, produces and distributes feature films, television, gaming and other content over various physical and digital formats. The Latin America segment provides entertainment and wireless services outside of the U.S. The Xandar segment provides advertising services. The company was founded in 1983 and is headquartered in Dallas, TX.

Read More on T:

Tired of arriving late to the Big Returns Party?​
Most investors don’t have major gainers like TSLA or NVDA on their radar from the start.
The profusion of opinions on social media and financial blogs makes it impossible to distinguish between real growth potential and pure hype.
​​For the past decade, we have developed and perfected technology designed to help private investors, just like you, find the best opportunities, with the greatest upside potential, in any financial climate.​
Learn More