T-Mobile price target raised to $272 from $251 at TD Cowen

TD Cowen analyst Gregory Williams raised the firm’s price target on T-Mobile (TMUS) to $272 from $251 and keeps a Buy rating on the shares. The firm said they posted slight upside revenue/EBITDA results and in-line postpaid phone adds, but on elevated churn and gross adds. The industry is shaping up for elevated churn and gross adds but in-line net adds for essentially an active switcher pool.