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Benzinga
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AT&T Stock Rings Bullish Ahead Of Q4 - Can Earnings Keep The Call Going?

1. AT&T to report Q4 earnings; EPS expected at 50 cents. 2. Stock is up 36% over the past year, indicating strong performance. 3. Technical analysis shows bullish trends but caution is advised. 4. Analysts predict a 22% upside with a price target of $23.52. 5. Current trading at $22.68 suggests potential for continued gains.

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FAQ

Why Bullish?

Strong earnings expectations and analyst upgrades typically boost stock prices. Past examples show similar trends positively affecting T's price when results meet or exceed forecasts.

How important is it?

Earnings reports significantly impact stock valuation and investor sentiment. Given the focus on AT&T's financial performance, this article holds high relevance for T's stock price.

Why Short Term?

The upcoming earnings report is a short-term catalyst for price action. Similar historical events have led to immediate stock movements based on earnings results.

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