Analysts Offer Insights on Technology Companies: Activision Blizzard (NASDAQ: ATVI) and AT&T (NYSE: T)

Analysts have been eager to weigh in on the Technology sector with new ratings on Activision Blizzard (ATVIResearch Report) and AT&T (TResearch Report).

Activision Blizzard (ATVI)

In a report issued on November 8, Deepak Mathivanan from Barclays maintained a Buy rating on Activision Blizzard, with a price target of $62.00. The company’s shares closed last Monday at $54.30.

According to TipRanks.com, Mathivanan is a 5-star analyst with an average return of 16.3% and a 60.8% success rate. Mathivanan covers the Technology sector, focusing on stocks such as Mercadolibre, GrubHub, and GoDaddy.

Currently, the analyst consensus on Activision Blizzard is a Strong Buy with an average price target of $60.26, representing a 12.6% upside. In a report issued on November 4, LightShed Partners also initiated coverage with a Buy rating on the stock with a $68.00 price target.

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AT&T (T)

In a report issued on November 8, Kannan Venkateshwar from Barclays maintained a Hold rating on AT&T, with a price target of $37.00. The company’s shares closed last Monday at $39.38, close to its 52-week high of $39.58.

According to TipRanks.com, Venkateshwar is a 3-star analyst with an average return of 1.0% and a 50.0% success rate. Venkateshwar covers the Services sector, focusing on stocks such as Charter Communications, Clear Channel Outdoor, and Altice Usa.

Currently, the analyst consensus on AT&T is a Moderate Buy with an average price target of $40.13, a 2.0% upside from current levels. In a report issued on October 29, Scotiabank also maintained a Hold rating on the stock with a $41.00 price target.

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