Raymond James analyst Frank Louthan maintained AT&T Inc (NYSE: T ) with an Outperform and a $26 price target ahead of its 2Q22 results.
With the WarnerMedia spin-off now closed, he believes the story is far more straightforward and that this will attract investors.
He previously discussed that following the Netflix, Inc (NASDAQ: NFLX ) miss , eliminating volatile subscriber metrics from DTV and Warner Bros. Discovery, Inc (NASDAQ: WBD ) asset sales is highly advantageous.
Additionally, he believes simple recurring revenue names with solid ... Full story available on Benzinga.com