Scotiabank raised the firm’s price target on T-Mobile (TMUS) to $237 from $236 and keeps a Sector Perform rating on the shares. The company reported “another strong quarter” with continued subscriber growth along with focus on operating costs leading to a slight beat on EBTIDA, the analyst tells investors. The firm continues to believe the company is “very well positioned” to maintain industry-leading growth rates on both loading and cash generation.
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Read More on TMUS:
- T-Mobile price target raised to $255 from $210 at UBS
- T-Mobile price target raised to $240 from $220 at Evercore ISI
- T-Mobile price target raised to $250 from $215 at Oppenheimer
- T-Mobile price target raised to $252 from $230 at KeyBanc
- T-Mobile price target raised to $255 from $250 at Benchmark
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