Analysts Are Bullish On AT&T (T) Stock

AT&T Inc. (NYSE:T) is one of the 8 Dirt Cheap Stocks to Buy With $1000 Right Now. Goldman Sachs analyst Mike Ng maintained his Buy rating on AT&T Inc. (NYSE:T) while increasing the firm’s price target. He raised the firm’s price target on the stock from $30 to $33. The analyst said that the company will introduce a new segment reporting structure in the first quarter.

According to him, industry trends for postpaid subscriber growth are expected to remain stable. However, average revenue per user is likely to come under pressure, primarily due to competitive pricing, targeted promotional discounts, and reductions in legacy plans.

AT&T Inc. (NYSE:T) is one of the 8 Dirt Cheap Stocks to Buy With $1000 Right Now.

Another price target increase came on the same day from KeyBanc. Brandon Nispel from KeyBanc raised the firm’s price target on AT&T Inc. (NYSE:T) from $30 to $36 while keeping a Buy rating. The revised price target reflects an additional 23.7% upside from the current levels.

Earlier on March 18, AT&T Inc. (NYSE:T) introduced a new app designed to help customers manage their wireless and home internet services more easily. The app uses AI-powered support and simplified notifications to improve the user experience. The company said the app provides features such as better control over devices, usage insights, quicker responses through an AI assistant, and a smoother shopping experience.

AT&T Inc. (NYSE:T) operates as a technology and telecommunications services provider. The company operates in the Communications and Latin America segments. It sells wireless data cards, wireless chargers, handsets,  wireless computing devices, and other products and services.

While we acknowledge the risk and potential of T as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than Tand that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 8 Best American Stocks to Buy and Hold in 2026 and 12 Best Mid Cap AI Stocks to Buy According to Hedge Funds.

Disclosure: None. Follow Insider Monkey on Google News.