KeyBanc downgrades T-Mobile on valuation concerns

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Citi Reiterates Buy Rating on T-Mobile US, (TMUS)

December 16, 2024 3:43 AM EST

Citi analyst Michael Rollins reiterated a Buy rating and $254.00 price target on T-Mobile US, (NASDAQ: TMUS)

The analyst comments "We expect T-Mobile to sustain solid top-line service revenue growth of around 4.5% during 4Q24 with core EBITDA growth of 10%, which we expect... More