Credit Suisse Reaffirming T-Mobile US, (TMUS) as Top Pick ahead of Q2 2022 Earnings Report
Credit Suisse analyst Douglas Mitchelson reiterated an Outperform rating and $180.00 price target on T-Mobile US, (NASDAQ: TMUS).
The analyst comments "Reaffirm Top Pick: T-Mobile's core execution story (bringing Sprint churn down to Magenta levels and opex efficiencies) and growth prospects (rural, FWA, and business) are intact and resilient to macro and wireless market cross currents, and soon to be layered over an aggressive equity return strategy ($60B of stock buybacks through 2025, which we still expect to start this fall). We continue to see TMUS as a high conviction and compelling opportunity, even with the recently messier wireless/macro backdrop."
For an analyst ratings summary and ratings history on T-Mobile US, click here. For more ratings news on T-Mobile US, click here.
Shares of T-Mobile US, closed at $134.56 yesterday.