Following management meeting with AT&T T, Bank of America said that it believes that the company “has the required assets to drive targeted data center revenue growth, according to management.”
“Value added services that incorporate the network are most likely to remain a focus rather than low end hosting services, in our view,” Bank of America writes.
AT&T closed Friday at $30.34.
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Posted In: Analyst RatingsAT&TBank of AmericaIntegrated Telecommunication ServicesTelecommunication Services
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