AT&T (NYSE:T) Trading Up 1.8% Following Analyst Upgrade

Shares of AT&T Inc. (NYSE:T) shot up 1.8% on Monday after Citigroup raised their price target on the stock from $29.00 to $31.50. Citigroup currently has a buy rating on the stock. AT&T traded as high as $28.91 and last traded at $28.8120. 45,709,352 shares traded hands during mid-day trading, a decline of 2% from the average session volume of 46,647,938 shares. The stock had previously closed at $28.31.

T has been the subject of a number of other research reports. TD Cowen reissued a “hold” rating on shares of AT&T in a research note on Thursday, January 29th. Weiss Ratings restated a “buy (b-)” rating on shares of AT&T in a research report on Monday, December 29th. Wells Fargo & Company dropped their price objective on shares of AT&T from $29.00 to $27.00 and set an “overweight” rating for the company in a report on Monday, January 26th. Arete Research upgraded shares of AT&T from a “sell” rating to a “neutral” rating and set a $28.00 target price for the company in a research report on Tuesday, March 10th. Finally, Wolfe Research cut AT&T from an “outperform” rating to a “peer perform” rating in a research note on Monday, December 15th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $30.46.

More AT&T News

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: Citigroup raised its price target on AT&T from $29.00 to $31.50 and initiated/maintained a “buy” stance, implying roughly mid‑single‑digit upside from current levels and signaling institutional confidence. Benzinga
• Positive Sentiment: Coverage in 24/7 Wall St. frames AT&T as an attractive “boring” dividend stock in 2026 — a narrative that can attract yield‑seeking investors and push demand for the shares. Boring Pays Dividends: Why AT&T is the Hot Stock Nobody Wants to Admit They Own
• Positive Sentiment: AT&T is increasing prices for legacy unlimited wireless plans starting April 2026, which should lift near‑term service revenue and margins if churn remains controlled. AT&T Raising Prices for Legacy Unlimited Plans Starting in April 2026
• Neutral Sentiment: Media note that AT&T’s relative price performance has improved but still lags benchmarks — a reminder the stock may still re-rate if broader market momentum turns favorable. AT&T shows improved relative price performance; still shy of benchmark
• Neutral Sentiment: Broader tech supply-chain news (TSMC/NVIDIA capacity constraints) is unlikely to directly affect AT&T, but it underscores macro tech dynamics that can shift investor risk appetite between high‑growth and defensive/utility‑like telecom names. The AI Gatekeeper: TSMC’s Chokehold Signals Dominance
• Negative Sentiment: Seeking Alpha flags potential competitive risk from a Starlink IPO — public Starlink could intensify competitive dynamics in wireless/broadband and capex/service pricing pressure over time. Monitor disclosures and any strategic responses from AT&T. AT&T: Starlink IPO Risk

Institutional Investors Weigh In On AT&T

A number of hedge funds have recently made changes to their positions in the business. Financial & Tax Architects LLC boosted its position in AT&T by 4.9% during the second quarter. Financial & Tax Architects LLC now owns 7,588 shares of the technology company’s stock valued at $220,000 after buying an additional 356 shares during the period. Tsfg LLC increased its holdings in shares of AT&T by 3.6% in the fourth quarter. Tsfg LLC now owns 10,656 shares of the technology company’s stock worth $265,000 after buying an additional 366 shares during the period. Lifestyle Asset Management Inc. lifted its stake in shares of AT&T by 3.6% in the 4th quarter. Lifestyle Asset Management Inc. now owns 10,511 shares of the technology company’s stock valued at $261,000 after acquiring an additional 368 shares during the last quarter. Hillsdale Investment Management Inc. lifted its stake in shares of AT&T by 1.2% in the 4th quarter. Hillsdale Investment Management Inc. now owns 31,970 shares of the technology company’s stock valued at $794,000 after acquiring an additional 370 shares during the last quarter. Finally, Bruce G. Allen Investments LLC boosted its holdings in AT&T by 1.7% during the 4th quarter. Bruce G. Allen Investments LLC now owns 22,398 shares of the technology company’s stock valued at $556,000 after acquiring an additional 374 shares during the period. 57.10% of the stock is currently owned by institutional investors.

AT&T Trading Up 1.8%

The firm has a 50-day moving average of $26.77 and a 200-day moving average of $26.23. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.86 and a current ratio of 0.91. The firm has a market capitalization of $201.21 billion, a P/E ratio of 9.45, a price-to-earnings-growth ratio of 1.06 and a beta of 0.39.

AT&T (NYSE:T) last announced its quarterly earnings data on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.46 by $0.06. The firm had revenue of $33.47 billion during the quarter, compared to the consensus estimate of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The business’s revenue was up 3.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. On average, equities research analysts anticipate that AT&T Inc. will post 2.14 EPS for the current fiscal year.

AT&T Company Profile

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.