AT&T Inc. (NYSE:T) named among 15 Best DRIP Stocks to Own Right Now as TD Cowen analyst raises price target to $33 citing solid subscriber growth in postpaid phone, fiber, and fixed wireless access additions. Concerns over ARPU, wireless margins, and competition from Verizon remain. Mixed Q3 results show revenue up 2% year-over-year to $30.7 billion, with steady operating cash flow at $10.2 billion. Full-year guidance includes low-single-digit growth in consolidated service revenue and mid-to-high-teens growth in consumer fiber broadband revenue. AT&T Inc. (NYSE:T) is a telecommunications conglomerate providing wireless and wireline services, business solutions, and entertainment offerings. While potentially a good investment, certain AI stocks may offer greater upside potential with less downside risk. Check out our report on the best short-term AI stock.
Read more at Yahoo Finance: TD Cowen Raises AT&T Price Target to $33 Amid Solid Subscriber Growth
