Scotiabank lowered the firm’s price target on T-Mobile (TMUS) to $266 from $270.25 and keeps an Outperform rating on the shares. The firm believes T-Mobile has firmly established itself as an industry juggernaut and believes the shares remain attractive, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TMUS:
- T-Mobile price target lowered to $252 from $263 at TD Cowen
- T-Mobile price target raised to $245 from $240 at Barclays
- T-Mobile: Solid Long-Term Fundamentals Tempered by Competitive Pressures and Valuation, Justifying a Hold Rating
- SoftBank Q3 Profit Hits Record on OpenAI Gains, Stock Pops
- T-Mobile US Signals Strong Growth in Earnings Call
