UBS analyst John Hodulik reports that AT&T is raising pricing on select legacy wireless plans, adding that the firm believes this increase is targeted, similar to recent actions, will have minimal churn impact and is already contemplated in the company’s full year guidance. The news also provides further evidence of “the rational backdrop in U.S. Wireless,” according to the analyst, who has a Buy rating and $24 price target on AT&T shares.
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