T-Mobile US, (TMUS) PT Raised to $75 at Oppenheimer, Sees M&A Upside As "Likely"
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Get Alerts TMUS Hot Sheet
Rating Summary:
38 Buy, 9 Hold, 0 Sell
Rating Trend:
Down
Today's Overall Ratings:
Up: 11 | Down: 17 | New: 13
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Oppenheimer raised its price target on T-Mobile US, (NASDAQ: TMUS) to $75.00 (from $70.00) while maintaining a Outperform rating.
Analyst Timothy Horan comments "We expect margins and FCF generation to ramp dramatically through 2018 from increased scale and network synergies. We continue to believe the TMUS standalone story is attractive with M&A upside likely."
Horan expects possible acquirers of TMUS could be Comcast (NASDAQ: CMCSA), Charter Communications (NASDAQ: CHTR), DISH Network (NASDAQ: DISH), Sprint Corp. (NYSE: S) or America Movil (NYSE: AMX)
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