AT&T: HSBC Ups To Hold on Valuation Despite iPhone 7 Risk

Tech Trader Daily
By Tiernan RaySep 26, 2016, 12:27 pm448 ptsHot
Shares of AT&T (T) are up 5 cents at $41.33, after HSBC’s Sunil Rajgopal raised his rating on the shares to Hold from Reduce, arguing that despite multiple risks to the company, the shares have fallen enough that valuation supports them. Among risks to AT&T, he cites the return of effective subsidies with…

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