AT&T (NYSE:T) Given New $36.00 Price Target at KeyCorp

AT&T (NYSE:T) had its price objective boosted by KeyCorp from $30.00 to $36.00 in a report issued on Wednesday morning,Benzinga reports. KeyCorp currently has an overweight rating on the technology company’s stock.

A number of other equities research analysts have also weighed in on the stock. TD Cowen restated a “hold” rating on shares of AT&T in a report on Thursday, January 29th. Scotiabank increased their target price on shares of AT&T from $29.50 to $31.00 and gave the company a “sector perform” rating in a report on Monday, March 9th. UBS Group reiterated a “buy” rating on shares of AT&T in a research report on Thursday, January 29th. Williams Trading set a $32.00 price target on shares of AT&T in a research note on Thursday, January 29th. Finally, Sanford C. Bernstein cut their price target on shares of AT&T from $31.00 to $30.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $30.72.

AT&T Price Performance

Shares of AT&T stock opened at $28.77 on Wednesday. The company has a current ratio of 0.91, a quick ratio of 0.86 and a debt-to-equity ratio of 1.00. The firm has a market capitalization of $200.88 billion, a PE ratio of 9.43, a price-to-earnings-growth ratio of 1.08 and a beta of 0.39. The business’s 50-day moving average price is $26.99 and its 200-day moving average price is $26.25. AT&T has a 12 month low of $22.95 and a 12 month high of $29.79.

AT&T (NYSE:T) last released its earnings results on Wednesday, January 28th. The technology company reported $0.52 earnings per share for the quarter, topping analysts’ consensus estimates of $0.46 by $0.06. The company 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%.AT&T’s quarterly revenue was up 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.43 EPS. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. Sell-side analysts forecast that AT&T will post 2.14 EPS for the current fiscal year.

Institutional Investors Weigh In On AT&T

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Front Row Advisors LLC bought a new stake in shares of AT&T in the 2nd quarter worth approximately $25,000. Mountain Hill Investment Partners Corp. lifted its stake in AT&T by 363.7% in the third quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock worth $25,000 after acquiring an additional 702 shares during the period. GGM Financials LLC bought a new stake in AT&T in the third quarter valued at $25,000. Safe Harbor Fiduciary LLC purchased a new position in AT&T during the 4th quarter valued at $25,000. Finally, Rachor Investment Advisory Services LLC purchased a new position in AT&T during the 4th quarter valued at $25,000. 57.10% of the stock is currently owned by institutional investors.

AT&T News Summary

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

• Positive Sentiment: Wall Street lifts targets — Goldman Sachs and KeyBanc raised price targets and reiterated optimism tied to AT&T’s new segment reporting and converged customer momentum, which analysts say improves revenue visibility and the stock’s upside case. Article Title
• Positive Sentiment: KeyCorp boosts outlook — KeyCorp raised its price target to $36 and moved to an “overweight” rating, signaling ~25% upside vs. current levels and reinforcing the analyst-buy case. Article Title
• Positive Sentiment: Strategic AI/edge collaboration — AT&T is partnering with NVIDIA and Cisco on edge AI compute, intelligent networking and zero‑trust security for mission‑critical IoT use cases, a move that could expand enterprise edge services and high‑margin revenue over time. Article Title
• Positive Sentiment: Competitive product push — AT&T rolled out a major digital service upgrade aimed at stemming customer losses and competing with price-focused offers from rivals like T‑Mobile, which could help stabilize churn and ARPU. Article Title
• Neutral Sentiment: Marketing & event connectivity — AT&T’s TGL partnership (SoFi Center) showcases its connectivity capabilities for live events — a branding/contract win with limited near‑term revenue impact. Article Title
• Neutral Sentiment: Analyst/coverage notes and valuation checks — Several outlets are re‑examining AT&T after its YTD rally; coverage highlights steady returns but asks whether current price fully reflects fundamentals. Article Title
• Negative Sentiment: Shareholder governance proposals — New proposals ask for written‑consent rights and public EEO‑1 workforce disclosure, introducing proxy‑season governance risk and potential distraction for management. Article Title

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.