T-Mobile raises forecast; sees 'upside' from AT&T-Time Warner deal
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October 25, 2016 9:58 AM EDT
Oppenheimer reiterated an Outperform rating on T-Mobile US, (NASDAQ: TMUS), and raised the price target to $55.00 (from $48.00), following the company's 3Q earnings report. Service revenue grew 13.2%, while Adjusted EBITDA of $2.43B grew 27% y/y despite strong promotional activity surrounding the iPhone launch. 3Q16 marked the 14th... More
October 25, 2016 7:29 AM EDT
Nomura Securities analyst Jeffrey Kvaal lifted his price target on T-Mobile US, (NASDAQ: TMUS) to $46.00 (from $44.00) but maintained a Neutral rating.
Kvaal commented, "T-Mobile posted another solid quarter of in-line to above consensus metrics, despite rising 3Q competition that plagued rivals.... More
October 25, 2016 7:27 AM EDT
Jefferies analyst Mike McCormack reiterated a Buy rating and raised his price target on T-Mobile US, (NASDAQ: TMUS) to $59.00 (from $55.00) following strong results.
commented, "T-Mobile continued its momentum with a postpaid handset net add beat, and stronger ARPU. ARPU... More
