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Goldman Sachs Initiates Coverage On AT&T With Buy Rating, Announces Price Target of $22
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."
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Goldman Starts Bullishly on Top U.S. Telecoms Citing Favorable Backdrop for Wireless Carriers
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