AT&T Inc. (NYSE:T) is included among the 15 Blue Chip Stocks with Highest Dividends.
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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 Commerce Secretary Howard Lutnick. Those talks followed a 2025 directive that asked federal agencies to review existing contracts.FirstNet was launched in 2017 with $6.5 billion in public funding. It operates as a public-private partnership and provides priority network access to around 31,000 public safety agencies. AT&T is responsible for maintaining nationwide coverage, including in areas that are not commercially viable.
Under the new agreement, AT&T plans to invest more in network upgrades and reduce certain service fees. These changes could save the government up to $1 billion. In return, the Commerce Department will speed up approval processes. Some provisions of the deal will run through 2033, in line with expected 5G upgrades. The broader contract remains in place until 2042. The agreement comes as FirstNet faces renewed scrutiny ahead of its upcoming reauthorization vote.
AT&T Inc. (NYSE:T) operates as a holding company and provides telecommunications and technology services globally. Its business is divided into Communications and Latin America segments. The Communications unit offers wireless, wireline telecom, and broadband services to U.S. consumers and businesses worldwide.
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