In a report published Tuesday, Morgan Stanley analyst Simon Flannery reiterated an Equal-Weight rating on AT&T Inc. T, and named a $36.00 price target.
In the report, Morgan Stanley noted, “Our EPS estimate of 64c is broadly in-line with consensus. We will be focused on the impact that recent initiatives to migrate customers to Mobile Share Value plans, and the Next program have had during a period of increased competition, and the iPhone launch.”
AT&T Inc. closed on Monday at $33.82.
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