Analysts at JP Morgan upgraded AT&T Inc. T from Neutral to Overweight.
The price target for AT&T has been raised from $35.00 to $40.00.
AT&T shares have dropped 0.06 percent over the past 52 weeks, while the S&P 500 index has surged 9.66 percent in the same period.
AT&T shares fell 0.26 percent to $34.95 in after-hours trading.
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