AT&T Inc. (NYSE:T) Given Consensus Rating of "Moderate Buy" by Analysts

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Analysts have issued a consensus “Moderate Buy” rating for AT&T Inc. (NYSE:T), with an average 12-month price target of $30.70. Large institutional investors have significantly increased their holdings in the company, now owning 57.1% of the stock. Despite slightly beating Q1 earnings estimates and offering a 4.3% dividend yield, concerns about dividend sustainability arise from a substantial decline in free cash flow and a large multi-decade capital expenditure commitment.

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