'Wireless will have to do an awful lot of heavy lifting,' the note said.
Randall Stephenson, chairman and chief executive officer of AT&T Inc., speaks during a Senate Judiciary Subcommittee hearing in Washington, D.C., U.S., on Wednesday, Dec. 7, 2016.
AT&T's wireless business can't offset the weakness in the company's other ailing segments, according to MoffettNathanson.to sell from neutral and kept its $30 per share price target. AT&T shares closed at $39.63 per share on Monday.
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