RBC Capital Raises AT&T Target on Fiber-Driven Growth Outlook

NodeGuardian · 2026-03-15T11:39:35+00:00

RBC Capital has increased AT&T's price target to $31, citing aggressive fiber expansion and the exit from legacy assets as key factors for long-term growth and improved cash flow. The stock maintains an Outperform rating.

NodeGuardian

2026-03-15 11:39:35

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RBC Capital has raised its price target for AT&T (NYSE: T) to $31 from $29, maintaining an Outperform rating. This adjustment is driven by AT&T’s aggressive fiber expansion, which analysts believe will ensure long-term growth and protect its wireless business. The company’s ongoing exit from legacy assets is also expected to significantly boost free cash flow.

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