The Traderszone Network

Published in TZ Latest News 23 June, 2015 by The TZ Newswire Staff

AT&T Rises Sharply On Analysts’ Upgrades

AT&T (T) rose sharply Monday after two analysts had kind words for the stock, which has been rangebound for three years but pays a handsome dividend. UBS analyst John Hodulik upgraded the company from neutral to buy and raised his price target from 34 to 42. The stock trades near 36. He expects “meaningful improvement” during Q2 in AT&T’s core domestic wireless business.

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