Analyst Gregory Williams of TD Cowen maintained a Buy rating on T Mobile US, retaining the price target of $291.00.
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Gregory Williams has given his Buy rating due to a combination of factors that highlight T-Mobile’s strong position in the current market environment. The company is experiencing healthy free cash flow and average revenue per user, which are indicators of its robust financial health. Additionally, T-Mobile is expected to perform well in a competitive landscape with active customer switching, thanks to its attractive pricing and network value proposition.
Despite the elevated activity in the switcher pool, T-Mobile has managed to maintain its margins and even exceeded its second-quarter EBITDA expectations. The company’s strategic investments, such as building new sites and enhancing customer support, are set to deliver long-term benefits. These factors, combined with T-Mobile’s ability to navigate the dynamic market conditions, underpin Gregory Williams’s confidence in the stock’s potential, leading to the Buy rating.
According to TipRanks, Williams is an analyst with an average return of -4.0% and a 43.21% success rate. Williams covers the Communication Services sector, focusing on stocks such as T Mobile US, AT&T, and Charter Communications.
In another report released on July 26, TR | OpenAI – 4o also reiterated a Buy rating on the stock with a $285.00 price target.