Goldman Sachs Forecasts AT&T (T) Buyback Ramp-Up Fueled by 8% Free Cash Flow Growth
AT&T Inc. (NYSE:T) is one of the best high volume stocks to buy right now. On December 19, Goldman Sachs lowered the firm’s price target on AT&T to 33 while maintaining a Buy rating on the shares. The firm expects AT&T to ramp up share repurchases as its free cash flow grows at an 8% CAGR through 2029 from strong Mobility results and an expanding fiber network that benefits from the Lumen acquisition. By prioritizing convergence and industry-leading investment, AT&T is building a network capable ...