Goldman Sachs gives AT&T and Verizon 'buy' ratings, citing positive outlook for telecom industry.

From Barchart: 2024-07-04 19:30:02

Goldman Sachs has initiated coverage of AT&T and Verizon, giving them bullish recommendations. They pointed to a positive outlook for the telecom industry and highlighted the attractive dividend yields offered by both companies. The sector is experiencing significant transformation due to investments in 5G and network infrastructure.



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