Goldman Sachs lowered the firm’s price target on T-Mobile (TMUS) to $251 from $287 and keeps a Buy rating on the shares. T-Mobile authorized a new shareholder return program of up to $14.6B through 2026, in line with prior expectations, the analyst tells investors in a research note. With limited signs that the remaining $20B of flexible capital will drive outsized 2026 buybacks, projected repurchase levels are being revised lower, Goldman says.
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