Keybanc Maintains Overweight on T-Mobile US, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Keybanc analyst Brandon Nispel has maintained an Overweight rating on T-Mobile US (NASDAQ:TMUS) but has reduced the price target from $183 to $175.
January 26, 2024 | 10:03 am
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Keybanc analyst maintains Overweight rating on T-Mobile US but lowers price target to $175.
The reduction in price target by Keybanc may have a neutral to slightly negative short-term impact on TMUS stock as it suggests a lower expected future stock price. However, maintaining an Overweight rating indicates the analyst's continued positive outlook on the company, which could balance out the negative sentiment from the price target cut.
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IMPORTANCE 75
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