TD Cowen raised the firm’s price target on T-Mobile (TMUS) to $250 from $216 and keeps a Buy rating on the shares. The firm said they posted solid 3Q24 results, with a beat on most financials including EBITDA, revenue, and FCF, a postpaid phone adds beat on good churn, an ARPU beat, and slightly raised 2024 guidance.
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Read More on TMUS:
- T-Mobile price target raised to $240 from $230 at Wells Fargo
- T-Mobile price target raised to $240 from $220 at BofA
- T-Mobile price target raised to $250 from $230 at JPMorgan
- T-Mobile price target raised to $230 from $215 at Barclays
- T-Mobile (NASDAQ:TMUS) Stock Rises on Strong Earnings and Subscriber Numbers