ismagilov I last covered AT&T stock (NYSE:T) back in late May and rated it a hold at the time, as I observed that the company's Q1 results showed it making solid progress, particularly with its free cash flow generation and debt reduction. However, I remained neutral on the stock due to the valuation seeming a bit rich. Since then, the stock has only pushed higher, making the valuation look even more extended. On the other hand, the company recently reported Q2 results, so I will be sharing my latest take o ...