AT&T: Moving To A Hold Post Q2 2024 Results

jetcityimage In our previous update on AT&T (NYSE:T), we maintained a Buy and suggested that fair value was modestly higher.  We think that whatever cyclicality we get, the current valuation does offer investors a good buffer. Once we hit that target, a dividend hike is extremely likely. We continue to rate AT&T Inc. shares a Buy and maintain a $21 fair value target. Source: Seeking Alpha The stock has continued to trek higher and the same picture below shows that we have been optimistic on this for qui ...