RBC Capital Maintains Outperform on T-Mobile US, Lowers Price Target to $163
Portfolio Pulse from richadhand@benzinga.com
RBC Capital analyst Kutgun Maral has maintained an 'Outperform' rating on T-Mobile US (NASDAQ:TMUS) but lowered the price target from $172 to $163.
August 04, 2023 | 3:58 pm
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T-Mobile US's price target has been lowered from $172 to $163 by RBC Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by RBC Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still sees potential upside, which could counterbalance the negative impact.
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