JP Morgan Upgrades AT&T To Overweight

Analysts at JP Morgan upgraded

(NYSE:

) from Neutral to Overweight. The price target for AT&T has been raised from $35.00 to $40.00. AT&T shares have dropped 0.06 percent over the past 52 weeks, while the S&P 500 index has surged 9.66 percent in the same period. AT&T shares fell 0.26 percent to $34.95 in after-hours trading.