Scotiabank lowered the firm’s price target on T-Mobile (TMUS) to $263 from $266 and keeps an Outperform rating on the shares. The firm believes T-Mobile has responded well to increased promotional intensity and views the recent decline in stock as a good buying opportunity, the analyst tells investors.
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Read More on TMUS:
- T-Mobile price target lowered to $275 from $300 at JPMorgan
- T-Mobile price target raised to $261 from $252 at TD Cowen
- T-Mobile price target lowered to $224 from $253 at Goldman Sachs
- T-Mobile price target lowered to $220 from $270 at BofA
- UBS Lifts T-Mobile Price Target to $300 on Strong Growth, Free Cash Flow, and Attractive Valuation
