AT&T Expected to Rise on Strong Phone Net Additions and Robust Guidance: Analyst
TAT&T(T) Benzinga·2024-07-25 00:20

Goldman Sachs analyst James Schneider reiterated a Buy rating on AT&T Inc T with a price target of 22.AT&T reported fiscal 2024 second-quarter revenue of 29.8 billion — just below Goldman Sachs’s and the Stret’s estimate of 30billion.AdjustedEBITDAof30 billion. Adjusted EBITDA of 11.34 billion was in line with Goldman Sachs’s estimate of 11.37billionandtheStreet’sestimateof11.37 billion and the Street’s estimate of 11.31 billion.  Free cash flow of 4.6billionwasaboveGoldmanSachs’sestimateat4.6 billion was above Goldman Sachs’s estimate at 4.3 billion and the Street at $4.3 billion on lower capital inv ...