https://www.cnbc.com/2018/07/30/att-upgraded-at-bank-of-america-time-warner-tax-cuts-buoy-outlook.html

AT&T's merger with Time Warner, combined with better-than-expected wireless business trends and a lower corporate tax rate, presents a compelling opportunity for investors, according to Bank of America Merrill Lynch.

Analysts at the brokerage upgraded shares of the telecommunications giant to buy from neutral on Monday, advising clients to pick up the "new and improved AT&T" at record low price to earnings levels.