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Barclays Remains a Hold on AT&T (T)

Tipranks - Tipranks - Fri Apr 24, 5:46AM CDT

In a report released today, Kannan Venkateshwar from Barclays maintained a Hold rating on AT&T, with a price target of $26.00.

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Venkateshwar covers the Communication Services sector, focusing on stocks such as Netflix, AT&T, and Spotify. According to TipRanks, Venkateshwar has an average return of 8.4% and a 54.72% success rate on recommended stocks.

In addition to Barclays, AT&T also received a Hold from TD Cowen’s Gregory Williams in a report issued yesterday. However, today, KeyBanc maintained a Buy rating on AT&T (NYSE: T).

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Based on AT&T’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $33.47 billion and a net profit of $3.72 billion. In comparison, last year the company earned a revenue of $32.3 billion and had a net profit of $4.08 billion

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