Last updated: Mar. 17, 13:13 | Page 4 of 8 |
Once, there was a phone monopoly called AT&T. In 1984, regulators turned it into a lots-opoly by breaking it into lots of baby bells. Over time, the babies began changing names and gobbling each other up. One even ingested its former parent. Wolfe Research analyst Peter Supino recently upgraded AT&T to Outperform, with a $21 price target that implies a potential 30% return, including the dividend.
By Jack Hough
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Last updated: Mar. 17, 13:13 | Page 4 of 8 |