Morgan Stanley Maintains Overweight on T-Mobile US, Raises Price Target to $186
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Simon Flannery has maintained an Overweight rating on T-Mobile US (NASDAQ:TMUS) and increased the price target from $180 to $186.
January 29, 2024 | 4:20 pm
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POSITIVE IMPACT
Morgan Stanley's analyst has reaffirmed an Overweight rating on T-Mobile US and raised the price target, indicating a positive outlook for the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a strong conviction in T-Mobile US's future performance. This typically instills confidence in investors and can lead to a short-term increase in the stock price as the market reacts to the new information.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100