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Shares of AT&T (NYSE:T) were the recipient of a large growth in short interest in May. As of May 30th, there was short interest totalling 180,971,612 shares, a growth of 1.4% from the May 15th total of 178,522,399 shares, StockRatingsNetwork reports. Approximately 3.5% of the company’s stock are short sold. Based on an average daily trading volume, of 28,299,346 shares, the days-to-cover ratio is currently 6.4 days.

T has been the subject of a number of recent research reports. Analysts at KeyCorp reiterated a “positive” rating on shares of AT&T in a research note on Tuesday, June 3rd. Separately, analysts at Sanford C. Bernstein initiated coverage on shares of AT&T in a research note on Thursday, May 22nd. They set a “market perform” rating on the stock. Finally, analysts at Bernstein initiated coverage on shares of AT&T in a research note on Wednesday, May 21st. They set a “market perform” rating and a $32.00 price target on the stock. Eleven equities research analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The company has an average rating of “Hold” and an average price target of $34.93.

AT&T (NYSE:T) opened at 35.39 on Monday. AT&T has a one year low of $31.74 and a one year high of $36.86. The stock has a 50-day moving average of $35.52 and a 200-day moving average of $34.35. The company has a market cap of $183.7 billion and a P/E ratio of 10.31.

AT&T (NYSE:T) last announced its earnings results on Tuesday, April 22nd. The company reported $0.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.02. The company had revenue of $32.50 billion for the quarter, compared to the consensus estimate of $32.36 million. During the same quarter in the previous year, the company posted $0.64 earnings per share. The company’s revenue for the quarter was up 3.6% on a year-over-year basis. Analysts expect that AT&T will post $2.65 EPS for the current fiscal year.

AT&T Inc (NYSE:T), is a holding company.

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