AT&T Inc. No share t.
Brandon Nispel, an analyst at Keybank Capital Markets, traded 0.5% lower in pre-market trading on Monday after the stock weighed less than the weight of the sector. During August, it sees signs of a “deterioration” in AT&T’s directTV business, and the company’s wireless postpaid average revenue per user is declining on a month-to-month basis. Nispel previously expected DirectTV’s customer losses to improve, but now projects that they will worsen in the third quarter. “More often than not, we see [AT&T] As challenged secularly and competitively, where expectations for 2020/2021 are high in most areas. “There are some positive catalysts,” Nispel argued [AT&T] Outside asset sales, “and the company’s approximately 7% dividend yield” make AT&T a value trap. “Shares of AT&T have fallen 27% so far this year as the S&P 500 SPX.
Has added 3..6%.
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