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Stock impact report

BNP Paribas Downgrades AT&T (T) to Neutral as Scotiabank Raises Price Target Ahead of Q1 [Yahoo! Finance]

AT&T Inc. (T) 
Last at&t inc. earnings: 4/22 06:54 am Check Earnings Report
US:NYSE Investor Relations: en.wiktionary.org/wiki/at
Company Research Source: Yahoo! Finance
Ken Wolter / Shutterstock.com On April 8, BNP Paribas analyst Sam McHugh downgraded AT&T Inc. (NYSE:T) to Neutral from Outperform. The firm set a $28 price target on the shares. On April 1, Scotiabank analyst Maher Yaghi raised the firm's price target on AT&T to $31.50 from $31 and kept a Sector Perform rating on the shares. The firm said the U.S. wireless pricing environment remains “competitive yet rational” and is conducive to growth, the analyst told investors. Scotiabank lifted its target ahead of Q1 results, pointing to improved profitability expectations. A March 31 report by the Wall Street Journal said AT&T reached a revised agreement worth up to $2 billion to enhance the FirstNet emergency communications network it operates for the US government. In exchange for committing to additional system upgrades and lower service rates, the company will receive faster regulatory approvals. The updated terms came after months of discussions between CEO John Stankey and Commerc Show less Read more
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