AT&T Soon Will Catch Up to Rival Verizon. The Stock Is a Buy.


AT&T could finally start catching up to its main rival, prompting analysts at Citi to place the stock on a three-month catalyst watch.

“We believe the potential for consensus expectations to rise for postpaid phone net adds and forward progress towards closing the deal with Discovery (ticker: DISCA) could lead the valuation gap to narrow between AT&T (T) and Verizon (VZ),” analyst Michael Rollins wrote on Tuesday.

The…



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