T-Mobile US Receives New Coverage from Analysts at Credit Suisse (TMUS)
Credit Suisse began coverage on shares of T-Mobile US (NYSE:TMUS) in a research note issued on Wednesday, Analyst Ratings Network.com reports. The firm set an “outperform” rating and a $30.00 price target on the stock. Credit Suisse’s target price would suggest a potential upside of 19.05% from the stock’s previous close.
T-Mobile US (NYSE:TMUS) traded up 0.44% on Wednesday, hitting $25.20. 2,764,956 shares of the company’s stock traded hands. T-Mobile US has a one year low of $16.01 and a one year high of $29.02. The stock’s 50-day moving average is $24.29 and its 200-day moving average is $22.46. The company’s market cap is $18.313 billion.
Several other analysts have also recently commented on the stock. Analysts at William Blair upgraded shares of T-Mobile US (NYSE:TMUS) from a “market perform” rating to an “outperform” rating in a research note to investors on Friday, September 6th. Separately, analysts at Hudson Square Research raised their price target on shares of T-Mobile US (NYSE:TMUS) from $24.00 to $30.00 in a research note to investors on Tuesday, September 3rd. They now have a “buy” rating on the stock. Finally, analysts at Jefferies Group raised their price target on shares of T-Mobile US (NYSE:TMUS) from $25.00 to $28.00 in a research note to investors on Thursday, August 22nd. They now have a “buy” rating on the stock.
Six investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. T-Mobile US currently has an average rating of “Buy” and a consensus target price of $27.17.
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