T-Mobile price target raised to $275 from $255 at Argus

Argus analyst Joseph Bonner raised the firm’s price target on T-Mobile (TMUS) to $275 from $255 and keeps a Buy rating on the shares. The company delivered another quarter of strong increases in subscribers, average revenue per account, margins, and free cash flow in Q4, the analyst tells investors in a research note. T-Mobile continues to “run rings around the competition”, having added wireless subscribers at a rapid clip as it expands its fixed wireless access broadband business, Argus added.