AT&T
stock will come with its challenges but the telecom enterprise will outpace rival
Verizon Communications
more than the next couple of months, according to Raymond James’s Frank Louthan.
On Monday, the analyst lifted his score on
AT&T
stock to a Potent Invest in just after retaining it at Outperform considering the fact that late 2019. His upgrade comes right after AT&T noted robust earnings, elevated its forecast for comprehensive-yr earnings, and said it feels self-confident that it can deliver the $14 billion in totally free money flow it had forecast for this calendar year, reassuring investors through a shaky time for the marketplaces.
AT&T
stock will come with its challenges but the telecom enterprise will outpace rival
Verizon Communications
more than the next couple of months, according to Raymond James’s Frank Louthan.
On Monday, the analyst lifted his score on
AT&T
stock to a Potent Invest in just after retaining it at Outperform considering the fact that late 2019. His upgrade comes right after AT&T noted robust earnings, elevated its forecast for comprehensive-yr earnings, and said it feels self-confident that it can deliver the $14 billion in totally free money flow it had forecast for this calendar year, reassuring investors through a shaky time for the marketplaces.
