Analysts

AT&T

Analysts Oppenheimer downgraded AT&T (T) to Perform due to competition from SpaceX’s upcoming IPO and satellite broadband threat

Oppenheimer's downgrade of AT&T reflects growing concerns about competition from satellite internet providers like SpaceX's Starlink, which could disrupt traditional broadband markets. This shift may pose significant risks for AT&T and similar companies as regulatory support for satellite technology increases.