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T-Mobile upgraded to Buy from Hold at Freedom Broker

Freedom Broker analyst Lyaysyan Sedova upgraded T-Mobile (TMUS) to Buy from Hold with a $270 price target ahead of the company’s Q1 earnings report. The setup is “now skewed positively” following the Q4 print and February capital markets day update as the stock has de-rated sharply from prior highs “despite upgraded multi-year guidance,” the analyst tells investors. The firm’s more constructive view is based on the company’s widening lead in account-led monetization, a more durable broadband and fiber runway, and a clearer path to EBITDA and free-cash-flow upside through 2026, the analyst added.

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