Home / General / AT&T could sink as Starlink use soars, Wells Fargo says

AT&T could sink as Starlink use soars, Wells Fargo says

AT&T is poised to see its shares sink as SpaceX’s Starlink and other upstarts disrupt its business, according to Wells Fargo.

AT & T is likely to lose ground to SpaceX’s Starlink, putting even more pressure on shares, according to Wells Fargo. The bank initiated coverage of the telecommunications giant with an underweight rating. It also put an $18 price target on shares, i… [1188 chars]

Source: CNBC | Published: 2026-07-08T10:48:50Z

Credit: CNBC

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