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AT&T Soon Will Catch Up to Rival Verizon. The Stock Is a Buy.
- Finance
William Murphy- 0
- 3 minutes read
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https://www.barrons.com/articles/att-stock-price-upgrade-buy-verizon-51641904954
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AT&T could finally start catching up to its main rival, prompting analysts at Citi to place the stock on a three-month catalyst watch.
“We believe the potential for consensus expectations to rise for postpaid phone net adds and forward progress towards closing the deal with Discovery (ticker: DISCA) could lead the valuation gap to narrow between AT&T (T) and Verizon (VZ),” analyst Michael Rollins wrote on Tuesday.
The…
