Raymond James Downgrades T-Mobile US to Outperform, Raises Price Target to $221
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst Ric Prentiss has downgraded T-Mobile US from Strong Buy to Outperform, while raising the price target from $208 to $221.
October 02, 2024 | 5:33 pm
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Raymond James has downgraded T-Mobile US from Strong Buy to Outperform, indicating a less bullish stance, but has increased the price target to $221, suggesting potential for price appreciation.
The downgrade from Strong Buy to Outperform suggests a less aggressive growth outlook, which could temper investor enthusiasm. However, the raised price target to $221 indicates confidence in some upside potential, balancing the impact.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100