AT&T's Post-Earnings Plunge Prompts Contrasting Views from Analysts.
TL;DR Summary
AT&T's shares experienced their largest one-day drop in over 20 years after reporting Q1 earnings, with revenue below expectations. However, J.P. Morgan analysts believe the stock is a buy at current levels, expecting a gradual rebound. Despite a 1% premarket rebound, the stock remains beaten up at a closing price of $17.65.
- Buy AT&T Stock After Its Post-Earnings Plunge, Says J.P. Morgan. Here’s Why. Barron's
- AT&T shares sink after company posts softer than expected revenue, cash flow CNBC
- AT&T beats on earnings, misses on revenue CNBC Television
- AT&T reports its best ever first quarter profitability PhoneArena
- AT&T’s Biggest Selloff Since 2000 Prompts HSBC to Turn Bullish Yahoo Finance
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