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Morgan Stanley Expects T-Mobile (TMUS) to Start 'Smaller' With Share Buybacks

August 31, 2022 11:33 AM EDT

Morgan Stanley analyst Simon Flannery named T-Mobile (NASDAQ: TMUS) a catalyst driven idea as it expects the company to announce the commencement of its buyback program with third-quarter earnings.

Flannery has an Overweight rating and a $159 price target on the stock.

He told... More

Morgan Stanley Puts T-Mobile US, (TMUS) on Catalyst Driven Idea List

August 30, 2022 4:17 PM EDT

Morgan Stanley analyst Simon Flannery reiterated an Overweight rating and $159.00 price target on T-Mobile US, (NASDAQ: TMUS).

The analyst comments "We expect T-Mobile to announce the commencement of its buyback program with 3Q22 earnings. Whatand when is thecatalyst? We expect T-Mobile to announce Board approval and commencement of a share buyback program with 3Q22earnings in late-October/early-November (3Q earnings were released on... More