AT&T Inc. (NYSE:T) is a top communication services stock favored by Hedge Funds. KeyBanc Capital Markets named it a top pick for 2026 with a Buy rating and $30 target price, suggesting a 25% upside potential. Goldman Sachs also reaffirmed a Buy rating with a $29 target price, predicting 21% upside.

Cisco (CSCO) saw a 25-year high after an earnings blowout. KeyBank forecasts a 4% EBITDA growth in the coming year, with a 4-5% range up to 2030. The company’s strategic focus on fiber development and positioning in the Wireless/Cable sector led to an overweight rating.

AT&T Inc. (NYSE:T) offers 4G/5G-enabled wireless, fiber ethernet, broadband, and business solutions globally. Analysts emphasize the company’s increasing fiber footprint and AI-driven traffic benefits. While a sound investment, other AI stocks may offer greater upside potential with less downside risk.

AT&T Inc. (NYSE:T) operates as a telecom and technology services provider with two segments – Communications and Latin America. Analysts believe the company’s focus on fiber development and AI-driven traffic will benefit its business in the long term.

Read more at Yahoo Finance: Focus on Fiber Footprint to Bolster Market Position for AT&T (T)