2024-01-26 02:55:25 ET
Summary
- Upside Potential: AT&T's financial review suggests a notable upside with a fair stock price of $25.15, showcasing resilience in the telecommunications company.
- Strategic Resilience: The company's strategic strengths, including defense against industry newcomers and decent international operations, position it as a robust player in the competitive market.
- Prioritizing Profitability: Recognizing flaws, AT&T should prioritize profitability over shareholder rewards, ensuring a strategic focus on long-term sustainability.
- Adapting to Challenges: Facing challenges like the decline in legacy voice revenues and a saturated market, AT&T must continue efforts to boost efficiency and adapt to industry dynamics.
Thesis
In my previous article on AT&T , Inc. (T), I delved into various possibilities for the company. The mid-range projection indicated a fair price of $30.8, while the high-end projection suggested a fair price of $33.1. Since that article, the stock has surged by 14.54%....
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For further details see:
AT&T: Forget The +6% Yield, Huge 50% Turnaround Opportunity (Strong Buy Reiteration)