Technical Analysis:
Based on recent price action, AT&T (T) shows a bullish trend with strong momentum. The stock closed at $26.62 on February 21, 2025, showing significant strength with a 1.80% gain during regular trading hours.
Price Levels Analysis:
- Support level: $25.97 (recent low)
- Resistance level: $26.72 (recent high)
- Current price ($26.62) is testing the resistance level, suggesting strong buying pressure
Fundamental Catalysts:
- Recent Q4 results showed impressive performance with 482,000 net postpaid phone additions and industry-leading churn of 85 basis points
- Operating revenues grew 3.3% YoY to $23.1 billion, exceeding analyst expectations
- EBITDA increased 6.1% YoY to $8.9 billion
Analyst Sentiment:
- Tigress Financial maintains Buy rating with increased price target to $32
- Barclays maintains Buy rating with $27 price target
- Overall consensus is "Moderate Buy" with 15 Strong Buy, 3 Moderate Buy, 8 Hold, and 1 Strong Sell ratings
Price Prediction for Next Week:
Based on technical momentum and strong fundamental backdrop:
- Target Price: $27.30-$27.50
- Bullish factors:
- Breaking above recent resistance at $26.72 could trigger further upside
- Strong institutional support with bullish options flow detected
- Mean analyst price target of $26.48 suggests further upside potential
Recommendation: BUY
- Entry point: Current levels ($26.62)
- Stop loss: $25.90 (below recent support)
- Take profit: $27.30
Technical Analysis:
Based on recent price action, AT&T (T) shows a bullish trend with strong momentum. The stock closed at $26.62 on February 21, 2025, showing significant strength with a 1.80% gain during regular trading hours.
Price Levels Analysis:
- Support level: $25.97 (recent low)
- Resistance level: $26.72 (recent high)
- Current price ($26.62) is testing the resistance level, suggesting strong buying pressure
Fundamental Catalysts:
- Recent Q4 results showed impressive performance with 482,000 net postpaid phone additions and industry-leading churn of 85 basis points
- Operating revenues grew 3.3% YoY to $23.1 billion, exceeding analyst expectations
- EBITDA increased 6.1% YoY to $8.9 billion
Analyst Sentiment:
- Tigress Financial maintains Buy rating with increased price target to $32
- Barclays maintains Buy rating with $27 price target
- Overall consensus is "Moderate Buy" with 15 Strong Buy, 3 Moderate Buy, 8 Hold, and 1 Strong Sell ratings
Price Prediction for Next Week:
Based on technical momentum and strong fundamental backdrop:
- Target Price: $27.30-$27.50
- Bullish factors:
- Breaking above recent resistance at $26.72 could trigger further upside
- Strong institutional support with bullish options flow detected
- Mean analyst price target of $26.48 suggests further upside potential
Recommendation: BUY
- Entry point: Current levels ($26.62)
- Stop loss: $25.90 (below recent support)
- Take profit: $27.30