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Zacks Investment Research downgraded AT&T Inc. (NYSE:T) to Sell in a report released today.

Yesterday AT&T Inc. (NYSE:T) traded 0.39% higher at $40.72. The company’s 50-day moving average is $40.97 and its 200-day moving average is $40.48. The last closing price is up 0.72% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 16,580,601 shares of the stock were exchanged, down from an average trading volume of 19,885,000

Zacks Investment Research has downgraded AT&T Inc. (NYSE:T) to Sell in a report released on 10/03/2016.

Previously on 9/28/2016, UBS reported on AT&T Inc. (NYSE:T) lowered the target price from $46.00 to $43.00. At the time, this indicated a possible upside of 0.04%.

See Chart Below

AT&T Inc. (NYSE:T)

AT&T Inc. has a 52 week low of $32.22 and a 52 week high of $43.89 with a P/E ratio of 17.58 The company’s market cap is currently $0.

In addition to Zacks Investment Research reporting its target price, a total of 26 brokers have issued a report on T. The one year target is $39.46 with nine equity analysts rating the company a strong buy, eight equity analysts rating the company a buy, 13 firms rating the stock a hold, 4 firms rating the stock a underperform, and finally 0 firms rating the stock a sell.

About AT&T Inc. (NYSE:T)

AT&T Inc. is a holding company. The Company offers communications and digital entertainment services in the United States and the world. It operates through four segments: Business Solutions, Entertainment Group, Consumer Mobility and International. The Business Solutions segment includes various categories, including wireless service, fixed strategic services, legacy voice and data services, other services and wireless equipment. The Entertainment Group segment provides video, Internet and voice communication services to residential customers in the United States and the United States territories. The Consumer Mobility segment provides wireless service to consumers, and wireless wholesale and resale subscribers located in the United States or in the United States territories. The International segment provides video entertainment services to residential customers in Latin America, and wireless data and voice communication services to consumer and business customers in Mexico.

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