** Telecom company AT&T T.N on Wednesday, beat Q3 wireless subscriber estimates, boosted by iPhone-linked promos and bundled plans in a fiercely competitive market

** Median PT of 28 brokerages covering the stock is $31 - as per data compiled by LSEG

FIBER FUELS FUTURE BETS

** RBC ("outperform," PT: $30) believes co's subscriber growth could continue while balancing profit, despite softness in wireless average revenue per user (ARPU)

** Morgan Stanley ("overweight," PT: $32) believes strong broadband could ease pressure on mobile margins, while expanding AIA (AT&T internet access) may speed up copper shutdowns and cut costs over time

** J.P. Morgan ("overweight," PT: $33) says co's acquisition of Lumen's fiber business and EchoStar spectrum could boost its revenue potential through the decade

** Scotiabank ("sector perform," PT: $30.25) says with steady cash flow gains and a sharper focus, AT&T is well-positioned to keep outperforming rivals — even as competition heats up

(Reporting by Kanishka Ajmera in Bengaluru)

((Kanishka.Ajmera@thomsonreuters.com))