Focus on Fiber Footprint to Bolster Market Position for AT&T (T)

Group 1: AT&T Inc. Overview - AT&T Inc. (NYSE:T) is recognized as one of the best communication services stocks by hedge funds [1] - The company operates globally, providing 4G/5G-enabled wireless, fiber ethernet, broadband, managed professional services, and business solutions [4] Group 2: Analyst Ratings and Price Targets - KeyBanc Capital Markets has designated AT&T as one of its top picks for Communications and IT Infrastructure for 2026, assigning a Buy rating with a target price of $30, indicating a 25% upside potential [1] - Goldman Sachs analyst Mike Ng reaffirmed a Buy rating for AT&T, revising the price target from $33 to $29, which reflects a 21% upside potential and an estimated 8% cumulative growth in free cash flow through 2029 [3] Group 3: Strategic Focus and Growth Potential - The company is increasing its fiber footprint, which is expected to enhance its business through AI-driven traffic [3] - KeyBank forecasts an EBITDA growth of 4% in the coming year, with a projected growth range of 4-5% up to 2030, attributed to the company's strategic focus on fiber development [2]