Scotiabank raised the firm’s price target on T-Mobile (TMUS) to $278 from $271 and keeps an Outperform rating on the shares. The firm expects results for the telco sector to be broadly in line with consensus expectations and does not see downside risk to company guidance, the analyst tells investors in a research note.
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:
- TMUS, VZ, T: End of an Era as Dial-Up Internet Goes Extinct
- T-Mobile announces expansion of T-Satellite with Starlink
- T-Mobile price target raised to $300 from $280 at JPMorgan
- Evercore Analyst Hikes Apple Stock Forecast on a ‘Better-Than-Expected iPhone Refresh Cycle’
- T-Mobile US Appoints Abdurazak Mudesir to Board
