Wells Fargo Maintains Overweight on T-Mobile US, Raises Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Eric Luebchow has maintained an Overweight rating on T-Mobile US (NASDAQ:TMUS) and increased the price target from $170 to $175.
December 13, 2023 | 3:07 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Wells Fargo analyst Eric Luebchow reaffirmed an Overweight rating on T-Mobile US and raised the price target to $175, indicating a positive outlook on the stock.
The increase in price target by a major financial institution like Wells Fargo typically signals a strong analyst conviction in the company's future performance and can positively influence investor sentiment, potentially leading to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100