AT&T (NYSE:T) Stock Rises as Analysts Boost Price Targets Is It Gearing Up for a Strong 2025?

AT&T Inc. (NYSE: T) is gaining momentum in 2025, with its stock seeing a 0.4% rise in mid-day trading on Tuesday after Tigress Financial raised its price target from $30.00 to $32.00 while maintaining a buy rating. The telecom giant traded as high as $24.33 and last settled at $24.35, marking a steady climb backed by strong institutional interest and bullish analyst forecasts.

Wall Street Analysts Are Bullish on AT&T

AT&T has received a wave of positive sentiment from major analysts:

📈 Oppenheimer initiated coverage with an “outperform” rating and a $28.00 price target.
📊 Morgan Stanley upgraded AT&T from “equal weight” to “overweight”, raising its target from $19.00 to $28.00.
💰 Goldman Sachs boosted its forecast from $25.00 to $28.00, maintaining a “buy” rating.
📌 Royal Bank of Canada upped its target to $27.00, labeling the stock as “outperform”.
📢 Citigroup also increased its target to $28.00, reinforcing a “buy” recommendation.

According to MarketBeat.com, AT&T currently holds a “Moderate Buy” consensus, with one sell rating, six hold ratings, seventeen buy ratings, and one strong buy rating. The average price target stands at $26.21, indicating potential upside from current levels.

Institutional Investors Are Doubling Down on AT&T

Big money is flowing into AT&T as institutional investors increase their stakes:

✅ Bank of New York Mellon Corp increased its holdings by 7.1%, now owning 85.59 million shares worth $1.95 billion.
✅ Geode Capital Management raised its stake by 2.3%, with total holdings reaching 161.12 million shares valued at $3.53 billion.
✅ Franklin Resources Inc. boosted its position by 41.4%, now holding 7.95 million shares worth $168.97 million.
✅ National Pension Service grew its stake by 15.8%, acquiring 15.77 million shares valued at $346.93 million.
✅ British Columbia Investment Management Corp doubled its stake, increasing by 112.9%, now holding 2.92 million shares worth $64.17 million.

With 57.10% of AT&T shares owned by institutional investors, the stock is gaining credibility as a long-term investment opportunity.

AT&T’s Market Outlook and Growth Potential

As the telecommunications sector continues to evolve, AT&T’s strong cash flow, aggressive network expansion, and growing 5G adoption make it a compelling play. With multiple analysts raising their price targets and institutional investors loading up on shares, all eyes are on AT&T as it positions itself for a strong 2025 performance. 🚀