Morning Watchlist: AT&T Inc. (NYSE:T), DIRECTV (NASDAQ:DTV)

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AT&T Inc.(NYSE:T) has approached DIRECTV(NASDAQ:DTV) about a possible takeover that would likely be worth at least $40B, Wall Street Journal reports, citing people familiar with the situation. The approach has come since Comcast (CMCSA) announced its deal with Time Warner Cable (TWC) in February, and both AT&T and DirecTV declined to comment on the report, the Journal adds.

Analysts have a consensus price target of $35.94 on AT&T Inc.(NYSE:T) which indicates a .67% upside. The consensus rating of the stock is a Hold with a score of 2.33. There are currently 6 Buy ratings on the stock and 12 hold ratings.

A recent analyst action consisted of Hilliard Lyons downgrading the stock to a Buy on April 24th.

Analysts have a consensus price target of $75 on DIRECTV(NASDAQ:DTV) which indicates a 2.92% downside. The consensus rating of the stock is a Hold with a score of 2.43. There are currently 11 Buy ratings on the stock, 1 Sell rating and 11 hold ratings. Warren Buffett had a $2.5 billion position in the stock at the end of 2013.

A recent analyst action consisted of JPMorgan boosting their price target from $71 to $81.

 

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