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T-Mobile price target raised to $305 from $290 at Tigress Financial

Tigress Financial raised the firm’s price target on T-Mobile (TMUS) to $305 from $290 and keeps a Buy rating on the shares. The company continues to drive strong customer acquisition growth through a combination of its powerful marketing initiatives, its ultra-high-speed network, and the compelling value of its customer offerings, the analyst tells investors in a research note. The firm added that T-Mobile will continue to drive revenue and cash flow growth and greater shareholder value creation, and views the recent pullback as a major buying opportunity.

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