AT&T stock slips after fresh downgrade as traders brace for jobs data and Jan. 28 earnings
New York, Jan 7, 2026, 10:42 EST — Regular session AT&T Inc (T.N) shares fell 1.1% to $24.06 in morning trade on Wednesday after Arete Research cut the telecom stock to “sell” with a $20 price target, a list of analyst actions showed. Verizon (VZ.N) and T-Mobile (TMUS.O) also slipped, while the S&P 500 ETF was little changed. The Wall Street Journal The dip comes as traders weigh new labour-market signals that can shift rate expectations — a big deal for dividend-heavy sectors that often move with Treasury yields. ADP said U.S. private employers added 41,000 jobs in December, and