Today, Wall Street hailed news of the AT&T and Discovery merger as a transformational blockbuster, but he sees it as the final act in one of the dumbest deals in recent history, AT&T's $85-billion buy of Time-Warner of nearly three years ago. Why would a telephone company buy a media business? Synergy? Really? AT&T took on huge debt. The dividend has been slashed in half. This is a tremendous destruction of value. A disgrace.
AT&T is a American stock, trading under the symbol T-N on the New York Stock Exchange (T). It is usually referred to as NYSE:T or T-N
In the last year, 3 stock analysts published opinions about T-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for AT&T.
AT&T was recommended as a Top Pick by on . Read the latest stock experts ratings for AT&T.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
3 stock analysts on Stockchase covered AT&T In the last year. It is a trending stock that is worth watching.
On 2023-01-27, AT&T (T-N) stock closed at a price of $19.95.
Higher interest rates will be tough on company (lots of leverage). Company is a bond proxy with stability. Going forward, dividend is strong and balance sheet getting much stronger. Waiting for debt to come down before buying.