Cowen & Company Upgrades AT&T To Outperform

Analysts at Cowen & Company upgraded AT&T Inc. (NYSE: T) from Market Perform to Outperform.

The price target for AT&T has been raised from $35.00 to $40.00.

AT&T shares have dropped 0.75 percent over the past 52 weeks, while the S&P 500 index has surged 4.63 percent in the same period.

AT&T shares rose 0.11 percent to close at $35.56 yesterday.