Bank of America reinstates "buy" rating on AT&T (T.US): Has the best balance of growth and return.

According to the Jiemian Finance APP, Bank of America released a research report stating that AT&T (T.US) has the best balance between growth and returns. It has resumed its "buy" rating on the stock with a target price of $32. This target price represents approximately 13% upside from the stock's closing price of $28.29 on July 8.