AT&T Upgraded, T-Mobile Downgraded; Retail Investors Bullish On The 2 Telecom Plays

From StockTwits: 2025-01-06 03:56:09

RBC analyst Jonathan Atkin upgrades AT&T stock to ‘Outperform’ from ‘Sector Perform,’ citing growth and shareholder returns. However, T-Mobile gets downgraded due to valuation concerns. AT&T’s price target raised to $26 from $22, while T-Mobile’s lowered to $240 from $255. Retail sentiment on AT&T is bullish with hopes for a move towards $24. AT&T pays a dividend of $1.11 with a yield of 4.9%. Meanwhile, T-Mobile’s valuation is viewed as full, leading to a less favorable risk-reward outlook. Both stocks saw gains in 2024, with AT&T up 44% and T-Mobile up 39%.



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