Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Markets & Finance

UBS Warburg Keeps 'Buy' on AT&T

UBS Warburg reiterates buy on AT&T (T).

Analyst Linda Meltzer says she cut the $28 target to $25, and cut the $0.28 2001 EPS estimate to $0.25 based on a sum-of-the-parts valuation ($12 broadband, $3 consumer, $6-$8 business services and $2 for other investments). She says the AT&T Wireless spin-off on Monday is the first part of a multiphase restructuring plan. By summer's end, AT&T is expected to complete the Liberty Media Group separation.

Although AT&T has no current plans to sell its broadband business, the company says it will evaluate a proposal from cable giant Comcast. Meltzer says Comcast's proposal is a positive for AT&T in light of increased transparency for its broadband business.

blog comments powered by Disqus