AT&T: Take Profits And Look Elsewhere (Rating Downgrade, Technical Analysis)

When I last covered AT&T (NYSE: T ) with a “strong buy” rating on October 27th, 2024, in my article “ AT&T: Ready to Move Higher ”, the stock was finally starting to show someAnalyst’s Disclosure: I/we have a beneficial long position in the shares of T either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock ...