AT&T Inc. (NYSE:T) is included among the 15 Best DRIP Stocks to Own Right Now.TD Cowen Raises AT&T Price Target to $33 Amid Solid Subscriber Growth
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On October 23, TD Cowen analyst Gregory Williams raised AT&T Inc. (NYSE:T) price target from $32 to $33 while maintaining a Hold rating, citing solid growth in postpaid phone, fiber, and fixed wireless access (FWA) subscriber additions, according to a report by The Fly.
The firm also noted that the company reaffirmed both near-term and long-term guidance, although concerns over ARPU, wireless margins, and aggressive competition from Verizon could pose challenges in 2026.
AT&T Inc. (NYSE:T) reported mixed third-quarter results for 2025, with revenue increasing 2% year-over-year to $30.7 billion. Operating cash flow remained steady at $10.2 billion, while capital expenditures totaled $4.9 billion and overall capital investment reached $5.3 billion. Free cash flow rose to $4.9 billion from $4.6 billion a year earlier.
For the full year, AT&T Inc. (NYSE:T) reiterated its guidance, projecting low-single-digit growth in consolidated service revenue, mobility service revenue growth of 3% or more, and mid-to-high-teens growth in consumer fiber broadband revenue. Adjusted EBITDA is expected to grow by 3% or more, with mobility EBITDA around 3%.
AT&T Inc. (NYSE:T) is a leading telecommunications conglomerate that provides wireless (5G) and wireline (fiber) services, along with business solutions and entertainment offerings, operating a vast network that serves both consumers and businesses with mobile, internet, and television services.
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TD Cowen Raises AT&T Price Target to $33 Amid Solid Subscriber Growth
Published 3 hours ago
Nov 8, 2025 at 5:52 AM
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