KeyCorp Increases AT&T (NYSE:T) Price Target to $36.00

AT&T (NYSE:T) had its target price upped by investment analysts at KeyCorp from $30.00 to $36.00 in a research report issued on Wednesday,Benzinga reports. The brokerage presently has an “overweight” rating on the technology company’s stock. KeyCorp’s target price points to a potential upside of 24.52% from the stock’s previous close.

A number of other research analysts have also commented on T. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of AT&T in a report on Monday, December 29th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $33.00 target price on shares of AT&T in a research report on Thursday, January 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $31.00 price target on shares of AT&T in a research note on Thursday, February 12th. TD Cowen reaffirmed a “hold” rating on shares of AT&T in a research report on Thursday, January 29th. Finally, UBS Group reiterated a “buy” rating on shares of AT&T in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $30.72.

AT&T Trading Up 0.3%

Shares of T stock opened at $28.91 on Wednesday. AT&T has a 12-month low of $22.95 and a 12-month high of $29.79. The company has a market capitalization of $201.89 billion, a PE ratio of 9.48, a price-to-earnings-growth ratio of 1.08 and a beta of 0.39. The firm has a 50 day moving average price of $27.09 and a two-hundred day moving average price of $26.26. The company has a quick ratio of 0.86, a current ratio of 0.91 and a debt-to-equity ratio of 1.00.

AT&T (NYSE:T) last posted its earnings results on Wednesday, January 28th. The technology company reported $0.52 EPS for the quarter, beating the consensus estimate of $0.46 by $0.06. The company had revenue of $33.47 billion for the quarter, compared to the consensus estimate of $32.91 billion. AT&T had a return on equity of 12.33% and a net margin of 17.47%.The firm’s revenue for the quarter was up 3.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.43 earnings per share. AT&T has set its FY 2026 guidance at 2.250-2.350 EPS. As a group, analysts predict that AT&T will post 2.14 earnings per share for the current year.

Institutional Trading of AT&T

Several large investors have recently modified their holdings of the stock. Front Row Advisors LLC acquired a new stake in AT&T during the second quarter worth about $25,000. Mountain Hill Investment Partners Corp. raised its position in shares of AT&T by 363.7% in the 3rd quarter. Mountain Hill Investment Partners Corp. now owns 895 shares of the technology company’s stock valued at $25,000 after buying an additional 702 shares in the last quarter. GGM Financials LLC bought a new stake in shares of AT&T during the 3rd quarter worth approximately $25,000. Rachor Investment Advisory Services LLC bought a new stake in shares of AT&T during the 4th quarter worth approximately $25,000. Finally, Safe Harbor Fiduciary LLC acquired a new stake in shares of AT&T during the 4th quarter worth approximately $25,000. 57.10% of the stock is owned by institutional investors and hedge funds.

More AT&T News

Here are the key news stories impacting AT&T this week:

• Positive Sentiment: Multiple analyst upgrades and higher price targets signal stronger street conviction — Goldman Sachs and KeyBanc raised targets and KeyCorp moved to Overweight, citing the new segment reporting and converged customer momentum that improve visibility and upside. This supports near‑term buying interest. AT&T Receives 2 Price Target Hikes From Goldman Sachs and KeyBanc
• Positive Sentiment: Strategic partnerships with NVIDIA and Cisco on AI‑driven IoT and edge compute strengthen AT&T’s enterprise growth narrative and could lift high‑margin services over time. These collaborations signal monetization opportunities beyond core wireless. AT&T Inc. (T) Leads Industry Collaboration with NVIDIA and Cisco
• Positive Sentiment: Network expansion: AT&T and Boldyn completed 5G coverage in additional NYC MTA tunnels (4/5 and G lines). This is a tangible example of infrastructure spending targeted at high‑traffic use cases that can improve customer experience and provide a competitive edge in dense urban markets. Is AT&T’s (T) NYC Subway 5G Push a Signal on Its Infrastructure Investment Priorities?
• Positive Sentiment: AT&T joined a $45M Series A in ORAN/AI‑RAN (ODC), aligning the company with vendors and defense/AI players — a strategic stake in next‑gen RAN software that could lower costs and unlock new services for enterprise/customers. ODC Completes a $45M Series A Funding; Architecting the Global Distributed Compute Grid to Power the AI-Native Era
• Positive Sentiment: Investor narrative shift: analysts and commentators are highlighting AT&T’s move from a dividend-focused story toward total return (capital appreciation) — that supports broader investor interest beyond income buyers. AT&T Was A Dividend Trap — Now It’s Becoming A Total Return Story
• Neutral Sentiment: Investor events and disclosures: AT&T presented at the NSR/BCG Global Connectivity Leaders Conference (transcript available). Helpful for strategy details but mostly informational until concrete financial impacts are disclosed. AT&T Inc. (T) Presents at NSR/BCG Global Connectivity Leaders Conference – New York Transcript
• Neutral Sentiment: Valuation/caution pieces note AT&T’s strong YTD rally and improved multiples; some warn upside may be partly priced in — a reminder to watch guidance vs. expectations and whether subscriber/EBITDA gains follow partnerships. Is It Time To Reconsider AT&T (T) After Its Strong Year To Date Rally?

About AT&T

AT&T Inc is a global telecommunications company that provides a broad range of communications and digital entertainment services. Its core activities include consumer and business wireless services, broadband and fiber internet, and network infrastructure. The company operates branded wireless services through AT&T Mobility and deploys fixed-line and fiber networks to deliver high-speed internet and related home services.

AT&T’s product and service portfolio spans mobile voice and data plans, smartphones and device sales, home internet (including fiber-to-the-home where available), and managed connectivity solutions for enterprise customers.