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AT&T

Analysts Bernstein downgraded AT&T (T) to market perform and lowered price target to $24 amid SpaceX’s expansion into wireless services

Bernstein's downgrade of AT&T reflects growing concerns over SpaceX's expansion into wireless services, which could pressure traditional telecom pricing and market share. This shift highlights the competitive threat posed by newer satellite-based companies to established players in the telecom sector.
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Analysts RBC predict upward revisions for major banks as Citigroup, Goldman Sachs, and JPMorgan face stock declines

The article highlights key stock movements and upcoming earnings reports that could influence market performance, particularly in the banking and technology sectors. Investors should pay attention to the trends in major companies as they prepare for earnings announcements.