RBC Capital analyst Jonathan Atkin raised the firm’s price target on T-Mobile (TMUS) to $245 from $240 and keeps a Sector Perform rating on the shares. The company reported “solid” Q4 results, and the company is updating its model based on a benchmark of in-market pricing for wireless, fiber, satellite, and bundle products, including competitive pricing behavior in overlapping areas across fiber, cable and DSL products, the analyst tells investors in a research note.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TMUS:
- T-Mobile price target raised to $275 from $255 at Benchmark
- T-Mobile price target raised to $265 from $250 at JPMorgan
- T-Mobile price target raised to $235 from $220 at Wells Fargo
- T-Mobile Achieves Record Growth and Financial Milestones
- T-Mobile price target raised to $265 from $250 at Goldman Sachs