Goldman Sachs Initiates Coverage On AT&T With Buy Rating, Announces Price Target of $22

BenzingaJul 1 17:14

Goldman Sachs is bullish on the development prospects of major telecommunications companies in the United States, and first initiated a "buy" rating for AT&T, Verizon, and T-Mobile.

Goldman Sachs analyst said, "For the first time in a decade, we are witnessing a period where U.S. wireless carriers are experiencing a slowdown in both competition and capital intensity."

Zhitong Finance14:50

Goldman Sachs Bullish on Telecom, Initiates Several Buy Ratings

Yahoo Finance04:29

Verizon, AT&T, And T-Mobile Set For Gains, Goldman Sachs Cites AI and Data Center Demand

Benzinga01:34

Goldman Starts Bullishly on Top U.S. Telecoms Citing Favorable Backdrop for Wireless Carriers

Seeking AlphaJul 1 23:46

What's Going On With Satellite Stock AST SpaceMobile Monday?

BenzingaJul 1 22:47