T Analyst Ratings & Price Targets
AT&T Inc.
Consensus rating
The consensus across 25 analysts covering AT&T Inc. is Buy.
Price targets
The spread between the lowest and highest target is the number worth looking at. A range of $20.00 to $36.00 on the same company, at the same time, on the same public information, is a fair measure of how much of a price target is judgement rather than arithmetic.
Recent rating changes
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| Jul 23, 2026 | Wolfe Research | Upgrade | Peer Perform to Outperform | $29.00 |
| Jul 23, 2026 | Morgan Stanley | Maintained | Overweight | $27.00(from $25.00) |
| Jul 23, 2026 | TD Cowen | Maintained | Hold | $33.00(from $32.00) |
| Jul 23, 2026 | RBC Capital | Reiterated | Outperform | $27.00 |
| Jul 23, 2026 | Argus Research | Maintained | Buy | $30.00(from $33.00) |
| Jul 23, 2026 | Wells Fargo | Maintained | Underweight | $20.00(from $18.00) |
| Jul 20, 2026 | RBC Capital | Maintained | Outperform | $27.00(from $31.00) |
| Jul 15, 2026 | Scotiabank | Maintained | Sector Perform | $29.25(from $31.00) |
| Jul 8, 2026 | Barclays | Maintained | Equal-Weight | $24.00(from $26.00) |
| Jul 8, 2026 | Wells Fargo | Initiated | Underweight | $18.00 |
| Jul 7, 2026 | Morgan Stanley | Maintained | Overweight | $25.00(from $30.00) |
| Jun 12, 2026 | Freedom Broker | Initiated | Buy | $30.00 |
| Jun 3, 2026 | Oppenheimer | Downgrade | Outperform to Perform | - |
| May 20, 2026 | RBC Capital | Reiterated | Outperform | $31.00 |
| Apr 23, 2026 | BNP Paribas | Maintained | Neutral | $26.00(from $28.00) |
| Apr 23, 2026 | Scotiabank | Maintained | Sector Perform | $31.00(from $31.50) |
| Apr 1, 2026 | Scotiabank | Maintained | Sector Perform | $31.50(from $31.00) |
| Mar 25, 2026 | Keybanc | Maintained | Overweight | $36.00(from $30.00) |
| Mar 23, 2026 | Citigroup | Maintained | Buy | $31.50(from $29.00) |
| Mar 9, 2026 | Scotiabank | Maintained | Sector Perform | $31.00(from $29.50) |
Source: Yahoo Finance - retrieved just now
Informational only, not financial advice. Content is AI-generated and may contain errors. How this works.
Common questions
What is a price target?
A price target is the share price an analyst expects a stock to reach, usually within twelve months. It follows from that analyst’s own forecasts for the company and their view of what those earnings are worth, so two analysts can publish very different targets on the same company without either being unreasonable.
Do analyst ratings predict returns?
Not reliably. Ratings cluster heavily towards buy across the whole market, they are revised after large price moves at least as often as before them, and a consensus is not an independent set of opinions - analysts read each other. They are most useful as a record of what the sell side currently expects, which is context for a price rather than a forecast of one.
What do upgrade, downgrade and maintained mean?
An upgrade means a firm moved a stock to a more positive rating, a downgrade to a more negative one, and maintained or reiterated means the rating is unchanged even though the firm published a note - often with a revised price target. Initiated means the firm has started covering the company.