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UBS Remains a Buy on AT&T (T)

Tipranks - Tipranks - Wed Mar 18, 5:42AM CDT

In a report released today, John Hodulik from UBS maintained a Buy rating on AT&T, with a price target of $31.00.

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According to TipRanks, Hodulik is a 5-star analyst with an average return of 10.0% and a 62.77% success rate. Hodulik covers the Communication Services sector, focusing on stocks such as Charter Communications, Echostar, and Verizon.

In addition to UBS, AT&T also received a Buy from Oppenheimer’s Timothy Horan in a report issued on March 11. However, on March 10, Arete Research upgraded AT&T (NYSE: T) to a Hold.

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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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