Wells Fargo Maintains Overweight on T-Mobile US, Raises Price Target to $185
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 $175 to $185.
January 22, 2024 | 1:40 pm
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Wells Fargo analyst Eric Luebchow reaffirmed an Overweight rating on T-Mobile US and raised the price target to $185, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Eric Luebchow from Wells Fargo is a strong positive signal for investors, suggesting a belief in the company's potential for higher market value. This can lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100