Blue Light Special On T
Discounts are not just tricks from the dollar store. In fact, major mobile carriers, including AT&T (T), have resorted to discounting tactics and price cuts due to the current market where companies are struggling because they are competing tooth and nail for customers in an overly saturated market. Following the latest quarterly results from AT&T, some analysts are encouraged (and even impressed) by the company’s performance, while other analysts are not as won over by the numbers.
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Goldman Sachs analyst Waqar Syed also responded to the company’s good news with a BUY rating and a $72 price target.