Company Of The Day: AT&T
What?
AT&T (NYSE:T) indicated that its wireless subscriber growth could slow next year after it saw a relatively solid 2021, driven by attractive smartphone offers and higher consumer spending.
So What?
Relevant Articles
- Here’s What To Expect From AT&T’s Q2 Earnings
- How Will An Expanding Postpaid Phone Business Drive AT&T Stock’s Q1 Results?
- Down 50% From 2021, We Think There’s Upside For AT&T Stock
- Will AT&T Stock See Gains Post Q2 Results?
- At $15, AT&T Stock Appears Oversold
- AT&T Stock Held Up In A Tough Market. What Does 2023 Hold?
AT&T stock declined by over 4% to around $23 per share following the news, approaching 12-year lows. However, we think the stock is oversold at current levels. We value AT&T at about $30 per share, about 30% over the market price.
See Our Complete Analysis For AT&T
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