Research Analysts’ Weekly Ratings Changes for AT&T (T)

A number of firms have modified their ratings and price targets on shares of AT&T (NYSE: T) recently:

• 7/23/2026 – AT&T had its price target raised by TD Cowen from $32.00 to $33.00. They now have a “hold” rating on the stock.
• 7/23/2026 – AT&T had its price target raised by Morgan Stanley from $25.00 to $27.00. They now have an “overweight” rating on the stock.
• 7/23/2026 – AT&T had its price target raised by Wells Fargo & Company from $18.00 to $20.00. They now have an “underweight” rating on the stock.
• 7/23/2026 – AT&T was upgraded by Wolfe Research from “peer perform” to “outperform”. They now have a $29.00 price target on the stock.
• 7/23/2026 – AT&T had its price target lowered by Argus from $33.00 to $30.00. They now have a “buy” rating on the stock.
• 7/22/2026 – AT&T was given a new $30.00 price target by The Goldman Sachs Group, Inc..
• 7/20/2026 – AT&T was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 7/20/2026 – AT&T had its price target lowered by Royal Bank Of Canada from $31.00 to $27.00. They now have an “outperform” rating on the stock.
• 7/15/2026 – AT&T had its price target lowered by Scotiabank from $31.00 to $29.25. They now have a “sector perform” rating on the stock.
• 7/13/2026 – AT&T had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $25.00 price target on the stock.
• 7/8/2026 – AT&T is now covered by Wells Fargo & Company. They set an “underweight” rating and a $18.00 price target on the stock.
• 7/8/2026 – AT&T is now covered by Wells Fargo & Company. They set an “underweight” rating and a $18.00 price target on the stock.
• 7/8/2026 – AT&T had its price target lowered by Barclays PLC from $26.00 to $24.00. They now have an “equal weight” rating on the stock.
• 7/7/2026 – AT&T had its price target lowered by Morgan Stanley from $30.00 to $25.00. They now have an “overweight” rating on the stock.
• 6/20/2026 – AT&T was upgraded by Wall Street Zen from “sell” to “hold”.
• 6/3/2026 – AT&T was downgraded by Oppenheimer Holdings, Inc. from “outperform” to “market perform”.
• 5/30/2026 – AT&T was downgraded by Wall Street Zen from “hold” to “sell”.
• 5/29/2026 – AT&T was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.

AT&T Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 3rd. Investors of record on Friday, July 10th will be paid a $0.2775 dividend. This represents a $1.11 annualized dividend and a dividend yield of 4.6%. The ex-dividend date is Friday, July 10th. AT&T’s payout ratio is currently 37.25%.

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.