This Is What Whales Are Betting On T-Mobile US
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on T-Mobile US (NASDAQ:TMUS), with 88% of the spotted trades being bearish. The whales have been targeting a price range from $115.0 to $150.0 for T-Mobile US over the last 3 months. The current price of TMUS is $138.98, up 0.46%. RBC Capital, Morgan Stanley, and TD Cowen maintain their positive ratings on T-Mobile US, with price targets of $163, $179, and $210 respectively, while Benchmark downgraded its action to Buy with a price target of $200.
August 14, 2023 | 7:16 pm
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A significant investor has taken a bearish stance on T-Mobile US, with 88% of the spotted trades being bearish. The current price of TMUS is $138.98, up 0.46%. Several analysts maintain their positive ratings on T-Mobile US, while Benchmark downgraded its action to Buy.
The bearish stance taken by a significant investor, along with the high percentage of bearish trades, could potentially drive the stock price down in the short term. However, the positive ratings maintained by several analysts and the current upward trend in price may counteract this effect to some extent.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100