share_log

Analyst Touts AT&T As Top Telecom Pick Backed By Wireless Subscriber, Fiber-To-The-home, Fixed Wireless Growth Momentum

Analyst Touts AT&T As Top Telecom Pick Backed By Wireless Subscriber, Fiber-To-The-home, Fixed Wireless Growth Momentum

分析師將 AT&T 譽為無線用戶、光纖入屋、固定無線增長動力的頂級電信選擇
Benzinga Real-time News ·  2023/01/10 12:42
  • Wells Fargo analyst Eric Luebchow upgraded AT&T Inc (NYSE:T) from Equal-Weight to Overweight and raised the price target from $17 to $22.
  • The analyst viewed the telecom sector as a relatively defensive play going into 2023, despite some growth challenges ahead.
  • Wireless subscriber growth should remain elevated vs. historical levels but appears likely to slow in 2023 on a year-on-year basis.
  • Fiber-to-the-home construction should grow >20% despite pressure from rising costs of capital and cost inflation.
  • Fixed wireless should continue to take share, although the pace of growth will likely moderate.
  • But given the current inflationary backdrop, the analyst thinks investors need to be selective.
  • Luebchow's top ideas for 2023 across telcos include AT&T, Frontier Communications Parent, Inc (NASDAQ: FYBR), and T-Mobile US, Inc (NASDAQ: TMUS).
  • Price Action: T shares traded higher by 1.76% at $19.38 on the last check Tuesday.
  • 富國銀行分析師Eric Luebchow升級美國電話電報公司(紐約證券交易所股票代碼：T)從持平上調至增持，並將目標價從17美元上調至22美元。
  • 這位分析師認為，進入2023年，電信行業是一個相對防禦性的行業，儘管未來將面臨一些增長挑戰。
  • 與歷史水準相比，無線用戶增長應該會保持在較高水平，但2023年的同比增長可能會放緩。
  • 儘管受到資本成本上升和成本通脹的壓力，光纖到戶建設應該會增長20%以上。
  • 固定無線應該會繼續佔據市場份額，儘管增長速度可能會放緩。
  • 但考慮到當前的通脹背景，這位分析師認為投資者需要有選擇性。
  • Luebchow對2023年電信公司的首要想法包括AT&T，FronTier Communications母公司(納斯達克：FYBR)，以及T-Mobile美國公司(納斯達克：TMUS)。
  • 價格行動：在週二的最後一次檢查中，T的股票上漲了1.76%，達到19.38美元。
声明：本內容僅用作提供資訊及教育之目的，不構成對任何特定投資或投資策略的推薦或認可。 更多信息
    搶先評論