CNBC Pro

Morgan Stanley says AT&T stock looks cheap after underperformance, sees 26% upside potential

AT&T logo is seen on a smartphone in front of displayed Discovery and Warner Media logos. May 17, 2021.
Dado Ruvic | Reuters

Shares of telecom giant AT&T have been in a rut this year, and Morgan Stanley says the historically low prices make the stock look enticing.

More In Street Calls

CNBC ProHere are Friday's biggest analyst calls: Tesla, Apple, Sunoco, Exxon, Microsoft, Uber & more
CNBC ProRecords storage stock Iron Mountain offers resilience in a volatile world, Barclays says
CNBC ProCredit Suisse cuts Tesla price target, says deliveries will fall short because of China