AT&T (T) PT Raised to $28 at Deutsche Bank
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AT&T Outlines Strategic Plan to Drive Sustainable Growth and Enhanced Shareholder Returns
December 3, 2024 6:45 AM ESTCompany unveils strategy to expand America's largest fiber broadband network1 to 50 million+ total locations2.
Company provides long-term guidance for sustained growth in consolidated service revenue, adjusted EBITDA, free cash flow and adjusted EPS, underpinned by continued capital investment.
Company expects improved financial performance to support $40 billion+ of anticipated shareholder returns through dividends and share repurchases over the next three years, including an initial share repurchase authorization of $10 billion that management expects to complete by the end of... More
