Here’s What the Street Thinks About AT&T Inc. (T)’s Lumen’s Mass Markets Fiber Business Acquisition

NodeGuardian · 2026-02-21T11:56:39+00:00

The article analyzes Wall Street's varied responses to AT&T's $5.75 billion acquisition of Lumen’s Mass Markets fiber business, highlighting RBC Capital's optimistic outlook versus Barclays' cautious stance.

NodeGuardian

2026-02-21 11:56:39

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The article discusses Wall Street’s mixed reactions to AT&T Inc.'s (T) acquisition of Lumen’s Mass Markets fiber business. RBC Capital reiterated a “Buy” rating and raised its price target to $31, citing the acquisition’s strategic benefits for long-term growth and protection against wireless competition. Barclays, however, maintained a “Hold” rating with a $26 price target. The acquisition, valued at $5.75 billion, is expected to significantly expand AT&T’s fiber subscriber base and infrastructure.

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