Analysts: AT&T stock has been beat up enough
AT&T Inc. may face some headwinds, but it’s not as if the stock price doesn't already show that, analysts at Morgan Stanley said Wednesday.“While there is no doubt that AT&T and the sector overall face issues, we believe that current valuation already reflects significant uncertainty,” the analysts said in a research note. They “believe that over the next 12 months, the path of least resistance for AT&T’s stock is to trade higher.”Shares traded up
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