Freedom Broker Initiates Coverage of AT&T (T) as Company Announces CFO Transition
On June 12, Freedom Broker initiated coverage on AT&T Inc. with a Buy rating and set a $30 price target, citing the company's position in an advanced convergence cycle within the telecom sector. Separately, AT&T announced that Pascal Desroches will retire as CFO at year-end 2026, to be succeeded by Jennifer Biry starting early 2027.
Topics: CFO change stock coverage telecom sector