AT&T Rises On Upgrades, Post-DirecTV Deal Outlook

By | June 23, 2015

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AT&T (T) stock rose Tuesday as UBS and Barclays issued upgrades ahead of the expected closing of the telecom firm’s acquisition of satellite TV broadcaster DirecTV Group. UBS analyst John Hodulik upgraded AT&T to buy and raised his price target to 42 from 34. Barclays analyst Amir Rozwadowski upgraded AT&T to overweight, raising his price target to 39 from 34. Analysts at Credit Suisse, JPMorgan and Macquarie Capital recently had issued upbeat Scalper1 News

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