AT&T Inc. (NYSE: T) is considered one of the most undervalued large cap stocks to invest in currently. Wells Fargo recently lowered its price target for AT&T to $27 from $29 while maintaining an Overweight rating, citing expectations of stronger Q4 2025 fundamentals and upside in subscriber growth. Barclays also reduced its price target for AT&T to $26 from $28 with an Equal Weight rating, part of a broader revision across the cable, satellite, and telecom services sector for 2026.

Despite positive performance outlooks, concerns about increased competition led Wells Fargo to reduce price targets across the sector. The firm believes this competition will continue to impact investor sentiment. AT&T Inc. provides telecommunications and technology services globally through its Communications and Latin America segments.

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Read more at Yahoo Finance: Wells Fargo Maintains Overweight Rating on AT&T (T), Adjusts PT to $27