Barclays trimmed its price target on AT&T Inc. (NYSE:T) from $26 to $24 as the carrier simultaneously showcased advanced 5G capabilities—testing Ericsson Massive MIMO and AI sensing to detect, localize and track drones at 300–400 ft—signaling tech progress amid valuation pressure.
Previous Week Recap
- Barclays Lowers AT&T Target: Barclays reduced its price target for AT&T Inc. (T) from $26.00 to $24.00 per share; no additional commentary, timing, or other analyst actions were provided in the summary.
- AT&T Tests MIMO AI Sensing: AT&T tested Ericsson Massive MIMO and AI sensing over its 5G to detect, localize and track multiple drones at 300–400 ft using existing network gear; firms plan more demos.
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