"AT&T Stock Upgraded to Outperform: A Bullish Case for Investors"
TL;DR Summary
Wolfe Research analysts upgraded AT&T stock to Outperform with a $21 price target, citing improved cash flow, reduced debt, and increased efficiency despite a recent network outage. The upgrade reflects a positive outlook on AT&T's fundamentals, including margin improvement and subscriber results, signaling a shift in sentiment towards the telecom company.
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